Search results for: PELAMIS

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  • 27 February 2013
    Business & Finance

    Pelamis Wave Power has been awarded a £1.4m project from The Energy Technologies Institute (ETI) to fund development work to enhance the cost-effectiveness of wave energy converter arrays in UK waters. The funding will support the first phase of work this year ahead of a larger demonstration programme if the results prove encouraging.  Gregory Barker, […]

  • 3 July 2014

    Live wave measurements captured off the north coast of Scotland are now accessible to public via the Pelamis Wave Power website. Pelamis Wave Power manages the development of commercial scale wave power projects around Scotland, in parallel with other Pelamis wave farms being developed directly by customers and joint venture partners. These projects will demonstrate […]

  • 4 June 2013

    The Board of Pelamis Wave Power has appointed founder and current Commercial Director, Richard Yemm, as Chief Executive Officer. Richard will take up his new function from 1 June 2013 and replaces Per Hornung Pedersen who had been leading the company since September 2011. Per will remain as an advisor to the Board. Richard founded […]

  • 1 November 2013

    Much speculation surrounds the construction of mysterious barges in San Francisco and Portland, which a Coast Guard spokesperson recently revealed to be linked to Google. While the true purpose of these barges is yet to be revealed, the idea that Google may be constructing floating data centres seems to have captured many people’s imagination. Although […]

  • 17 September 2013
    Authorities, Business & Finance, Technology

    The Scottish Government has awarded a share of the Marine Renewables Commercialisation Fund (MRCF) to Pelamis Wave Power, to support the commercialisation of the Pelamis wave energy device and parallel site development activities. Richard Yemm, CEO of Pelamis Wave Power said: “Today’s announcement is a huge boost for our company, technology and partners. The awards […]

  • 21 March 2012
    Business & Finance

    Pelamis Wave Power Ltd. has stated it is looking for “teens of millions of pounds” of investments to increase production, reports Bloomberg. Chief Executive Officer, Per Hornung Pedersen, explained the money necessary for expanding the Pelamis’s factory in Leith Docks, Edinburgh, is the type of injection that would be required from an industrial partner, adding […]

  • 20 March 2014

    Pelamis Wave Power is holding a series of public consultation events next week for local residents and stakeholders to hear about plans for a proposed wave farm at Farr Point, off the north coast of Sutherland. The Farr Point project represents the next development phase for Pelamis after testing machines at the European Marine Energy […]

  • 12 July 2013

    The KTP project will investigate the design, construction and manufacturing processes associated with the use of concrete as a primary construction material for Pelamis machines. The tube structures of existing Pelamis wave energy converters are currently constructed from steel, which has proven a very effective versatile material for the early stages of Pelamis technology development. […]

  • 26 September 2014
    Business & Finance, R&D, Technology

    Pelamis Wave Power has been selected as one of just two technology developers to progress to the next stage of a competitive procurement process with Irish utility ESB for the deployment of Pelamis wave machines on the west coast of Ireland. Pelamis is one of only two technology developers to have reached this stage of […]

  • 23 November 2014
    Business & Finance

    The directors of Pelamis Wave Power have announced that they have been unable to secure the additional funding required for further development of the Company’s market leading wave energy technology. As a result of this, the board has moved to appoint an administrator to assess the options for securing the future for the business and employees […]

  • 24 November 2011

    The world’s first wave power machine to be sold to a utility company has celebrated its first anniversary since grid connection at the European Marine Energy Centre (EMEC) with a series of technical achievements and no lost time incidents. The E.ON machine was installed in October 2010. Since then a dedicated team of four Pelamis […]

  • 16 February 2015
    Business & Finance

    Pelamis Wave Power, which went into administration in November 2014, had owed almost GBP 16 million before most of its assets were taken over by Highlands and Islands Enterprise (HIE).  The largest amount that Pelamis owed was £12.86 million to Scottish Enterprise. An additional £3.5m were owed to unsecured creditors: Edinburgh Council, the University of Dundee, the University of Edinburgh, […]

  • 3 July 2013
    Business & Finance, R&D, Technology

    E.ON is withdrawing from Pelamis Wave Power’s wave energy project in Orkney and has decided to focus on wind, biomass and solar energy instead of marine renewables. Triggered by rather slow progress of wave technology, the company said that more mature technologies in renewable energy will be the focal point of its business. However, E.ON […]

  • 12 October 2011
    Business & Finance

      Pelamis Wave Power, the world’s most advanced wave energy company, has secured an agreement for lease from The Crown Estate to develop a wave farm, large enough to power some 7,000 homes on average – more than meeting the average electricity requirements of Stornoway. The 10MW lease is for a site located off the […]

  • 22 May 2013
    R&D, Technology

    The ScottishPower Renewables (SPR) owned Pelamis P2 wave energy converter has this week completed its first year of a robust testing programme at the European Marine Energy Centre (EMEC) in Orkney.  The combined P2 test programme has now accumulated 7500 grid connected operating hours, and exported 160MWh of electricity to the national grid. These are […]

  • 2 February 2012

    Pelamis Wave Power announces that the company has been shortlisted for an Innovator Award in this year’s Offshore Achievement Awards. The Innovator Award is a new category for 2012 and recognises excellence in innovative technological solutions developed in the UK for the offshore energy sector. Pelamis Wave Power has been shortlisted for the Pelamis, an […]

  • 23 December 2013
    R&D, Technology

    Two waverider buoys are deployed 9km off the north coast of Scotland at Farr Point to support the development of Pelamis wave power farm project. The buoys are 0.9m in diameter, yellow and fitted with a flashing light. They are moored by a slack line and can move in a 200m radius watch circle. The […]

  • 6 January 2012
    Business & Finance

    Pelamis Wave Power is looking for a buyer to raise funds for its giant sea snake. Pelamis is pursuing efforts to acquire GBP 10 – 20 million for the development. Among potential buyers are BAE Systems, Rolls-Royce, Weir, Siemens, Caterpillar, ABB and Alstom, reports Scotsman. [mappress] Offshore WIND staff, January 06, 2012; Image: pelamiswave

  • 26 January 2012

    Today Pelamis Wave Power is celebrating fourteenth anniversary, and some fantastic achievements and world firsts during those fourteen years, including: • The world’s first export of electricity from an offshore wave energy converter to an onshore grid network • Supply and commissioning of the world’s first multiple machine wave farm • Securing the UK’s first […]

  • 18 October 2011

      Pelamis Wave Power has appointed Per Hornung Pedersen as Chief Executive Officer. Mr. Pedersen joins Pelamis with an immediate goal of fulfilling demand from the company’s three major customers, E.ON, Scottish Power Renewables and Vattenfall, who are actively developing commercial projects for Pelamis machines and have lodged enquiries for significant orders of wave energy […]

  • 19 August 2014

    Pelamis Wave Power is celebrating the 10th anniversary of the world’s first offshore wave power generated to the national grid. Following installation of the prototype Pelamis machine at the European Marine Energy Centre (EMEC) in Orkney, the first electricity from offshore waves was generated to the UK grid at 9.55pm on Sunday 15th August 2004. […]

  • 17 November 2011

    Pelamis Wave Power​ welcomes the news that Vattenfall have signed a memorandum of understanding with the Shetland council and the Shetland Charitable Trust, with support from Highlands and Islands Enterprise, to develop a marine energy roadmap for the islands. The partnership agreement, the first of its kind, was signed at the inaugural Dynamic Shetland Renewable […]

  • 26 November 2014

    Speaking at this year’s International Tidal Energy Conference, UK Secretary of State Edward Davey spoke about current trends and activities in the industry. Secretary Davey expressed his disappointment regarding the Pelamis entering administration and Siemens’ announcement of the disposal of MCT. “Pelamis Wave Power filing for administration shows that risk aversion has real, and potentially […]

  • 25 February 2014
    R&D, Technology

    Pelamis has completed a two-week testing programme of its patented wave energy converter in Plymouth University’s COAST laboratory. The Edinburgh-based company, with their research collaborator University College Cork, conducted performance experiments on a scale model of a Pelamis wave energy converter (WEC) under extreme wave loadings. The testing was part of the European FP7 project […]

  • 5 December 2014
    Business & Finance

    Interested parties have until 10:30am on Tuesday to submit their offers for Pelamis Wave Power Limited’s business and its assets.  Mr Nimmo, head of restructuring at KPMG in Scotland, said: “We have been encouraged by the level of initial interest in Pelamis and we believe there is the will and desire to see the continuation […]

  • 9 February 2015
    Business & Finance

    Scottish marine renewables sector was dealth another blow after Swedish utility decided to exit a project off the Shetland Islands. On Friday, Vattenfall announced it has appointed Resolve Group as liquidators for Aegir Wave Power Ltd (AWP), a joint venture with Pelamis Wave Power, which currently had no employees. AWP was behind a 10MW wave […]