Tidal nabs 20MW in UK auctionFebruary 10, 2026 Four tidal stream projects totalling 20MW nabbed CfDs in AR7a.
Wave power ‘needs support’By EBSJune 28, 2017 Marine Power Systems (MPS) has called on the UK government to ramp up financial support and policy stability to allow wave energy to fulfil its economic and climate benefits. In its Making Wave Power Work report, the Swansea developer said the government should move away from short-term cost concerns and focus on its long-term potential. The report finds wave power...
French marine body to pass batonBy EBSJune 27, 2017 French marine trade association Ouest Normandie Energies Marines (ONEM) is to fold next month and be replaced by a new organisation run by the Normandy regional government. The activities of the public-private ONEM, which will not be renewed following its five-year run, will be subsumed by development agency Agence de Développement pour la Normandie (ADN). ADN will create a new entity...
Atlantis bond targets tidal growthBy EBSJune 27, 2017 Atlantis Resources subsidiary Atlantis Ocean Energy has launched a five-year debenture bond to raise a minimum of £2m to help the group accelerate the development of its tidal energy technology. The debenture will pay 8% a year and investment starts at £5, said ethical peer-to-peer finance platform Abundance Investment, which is working with Atlantis on the issuance. Atlantis Resources chief...
Wavepower abandons shipBy EBSJune 23, 2017 English wave technology outfit Wavepower has ended all development activity with immediate effect after its founder and major investor pulled the plug. In a statement, the Glastonbury company said it had ceased all of "engineering operations and procurement related activity". "This will have no impact on existing commitments which will be honoured in the normal course of business," it added....
Boffins target slow flow tidalBy EBSJune 22, 2017 The University of South Wales (USW) is to spearhead a £200,000 project aimed at finding ways of generating energy from low-velocity tidal flows. Three other UK Universities will join USW on the project and help design a feasible turbine for use in slower waters. USW and Cardiff University will take the lead on numerical modelling, while the universities of Southampton and Strathclyde will focus on...
AW Energy rides the wavesBy EBSJune 22, 2017 Finnish developer AW Energy has completed the equivalent of one year's accelerated testing of the power take-off (PTO) for its WaveRoller device. The developer is conducting comprehensive tests on the PTO before the first commercial-scale 350kW WaveRoller is installed off the coast of Peniche in central Portugal. AW Energy said the PTO has been tested up to wave heights of...
