Search results for: wave energy

2711 results

A list of search results

1 December 2015

Wave energy technology company AW-Energy Oy and Mexican renewable energy developer ENAL have signed a memorandum of understanding to develop, design and deploy a 10MW wave farm off the Pacific coast of Mexico. This wave farm will at its inception represent the first wave farm in operation in the Americas as well as one of […]

23 November 2015 Business & Finance

Aquamarine Power ceased trading on 20 November due to not receiving any offers from buyers. This was reported by BDO LLP business restructuring partners James Stephen and Graham Newton, who have been appointed Joint Administrators on 27 October. James Stephen said: "Despite a comprehensive marketing process, and after speaking to a number of interested parties, we regret to announce […]

19 November 2015 Business & Finance, R&D, Technology

Australian wave energy technology developer Carnegie Wave Energy Limited and Commonwealth Bank of Australia (CBA) have completed the country's first wave energy financing deal by a commercial bank. CBA is providing a five-year, AUD 20 million loan facility as part of the financing required for the next stage of CETO technology development and commercialisation, the CETO 6 Project. […]

10 November 2015

Swedish wave energy technology company, Seabased, has signed a Memorandum of Understanding (MoU) with Seafaradays Energy Pte Ltd, a New Delhi-based energy project developer. The MoU involves plans for a wave energy plant off the Andaman and Nicobar Islands in the Indian Ocean. The wave energy plant is planned to be established gradually, by installing 1MW in the first […]

26 October 2015 Authorities, Business & Finance, R&D, Technology

Marine Power Systems (MPS), which plans to test its WaveSub device in the Haven Waterway Enterprise Zone, has received GBP 2 million of EU funds, Welsh Finance and Government Business Minister, Jane Hutt, announced last week. The GBP 3 million project, which includes a GBP 900,000 investment from MPS, covers manufacturing and testing of a 1:4 scale prototype of the WaveSub […]

20 October 2015

Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), has announced a £720,000 partnership, which will demonstrate wave energy converters as a means of powering offshore aquaculture installations and potentially, remote island communities. Wave energy technology developer, Albatern, is behind the commercial demonstration and has teamed up with one of the world’s […]

1 September 2015 Technology

The EOLO group (UPV/EHU-University of the Basque Country) has developed various models for predicting the amount of wave energy for the Bay of Biscay, by using a technique called random forests. "Random forests (RF) is an algorithm developed in recent years in the field of machine learning. The basis of RFs are the so-called ‘regression […]

26 August 2015 Business & Finance

Blackbird International Corporation, the sole shareholder of WERPO, has officially entered into an agreement with Sri Lankan company Help Mankind for a twofold joint venture. The first is the implementation of a manufacturing plant for the production of the equipment used by WERPO in its wave energy technology. Secondly, WERPO will construct the first of a […]

24 August 2015

UK-based Polygen has deployed its wave energy converter prototype in the waters off Falmouth, Cornwall this month. Called Volta, the device is the first wave energy converter to be built almost entirely from high-density polyethylene (HDPE). It is the second device to be deployed at FaBTest - the only wave energy-testing site of its kind […]

17 August 2015

Twenty teams have successfully navigated the first technology gate of the U.S. Department of Energy’s (DOE) Wave Energy Prize to become official qualified teams. The 20 qualified teams, selected from the field of 92 official registered teams announced on July 6, will continue their quest to double the energy captured from ocean waves and win […]

14 August 2015 R&D

Italian National Agency for New Technologies, Energy and Sustainable Economic Development (ENEA), in collaboration with the Polytechnic Univeristy of Turin, has developed PEWEC (Pendulum Wave Energy Converter). PEWEC has been studied specifically for the Italian coast waves, characterized by mild intensity, small size and high-frequency. It’s a floating, raft-resembling device, to be positioned offshore, relaying on […]

11 August 2015 Technology

Wave for Energy s.r.l. (W4E), a spin-off of the Polytechnic University of Turin, has deployed the first wave energy converter with gyroscopic architecture, supported by Enea and IAMC-CNR. On August 7, the first Italian 1:1 scale device for the production of electricity from sea waves was moored 800 m from the coast of Pantelleria, Italy. Research activities started 10 […]

3 August 2015 Business & Finance, R&D, Technology

Wave Energy Scotland (WES) has announced the list of successful contract awards following its first international, competitive open call. The first call focused on innovative Power Take-Off systems for wave energy devices. Over £7m has been awarded to 16 technology developers and consortia, from countries including UK, USA, Italy and Sweden, all looking for investment […]

28 July 2015 Authorities, Business & Finance, R&D

Carnegie Wave Energy Limited will partner with the University of Western Australia (UWA) on a AUD 460,000 project part funded by an Australian Research Council (ARC) Linkage Grant to research and develop more efficient anchoring systems for wave energy converters. The project will use a multidisciplinary approach to investigate unique anchoring concepts, with the aim of developing novel […]

22 July 2015

With members from the National Renewable Energy Laboratory (NREL) and Sandia National Laboratories (SNL), the US Department of Energy-funded wave energy converter (WEC) modeling team won the Center for Ocean Energy Research (COER) Hydrodynamic Modeling Competition. Through the competition, researchers were challenged to predict the dynamic motion of a floating body in an irregular wave […]

14 July 2015 Technology

Blackbird International Corporation's fully owned subsidiary, WERPO, has received approval for a wave energy project from the Ceylon Electricity Board (CEB), the electricity provider in Sri Lanka. The initial plant would have a capacity of 10 megawatts, while 10 additional plants are proposed to be set up consequently. WERPO has created a local subsidiary in Sri […]

13 July 2015 Authorities, R&D, Technology

Wave energy enthusiasts from industry and academia have formed 92 teams to move toward the first milestone of the U.S. Department of Energy’s (DOE) Wave Energy Prize. The design-build-test competition is encouraging the development of wave energy conversion (WEC) devices that will achieve the DOE’s goal of doubling energy capture, thus reducing the cost of […]

10 July 2015

THETIS MRE has become a partner of Oregon Wave Energy Trust (OWET) in the United States. The 10th Annual Ocean Renewable Energy Conference hosted by Oregon Wave Energy Trust takes place July 14-17, 2015, at the Oregon Convention Center in Portland, Oregon. The OWET conference will be co-located this year with HydroVision International, the largest […]

29 June 2015 Business & Finance, R&D

Australian CETO wave energy technology developer, Carnegie Wave Energy Limited, has set up a base in Cornwall. Carnegie has located in Cornwall having secured a berth at Wave Hub and due to the region’s superb infrastructure, supply chain and suitability for the deployment of the company’s CETO 6 wave technology. "We are delighted to welcome […]

16 June 2015 Authorities

Ocean Power Technologies has received final permit approval from the New York District Army Corps of Engineers for its PB40. The company has also provided the required notice periods to the U.S. Coast Guard and other parties involved in the permitting process. The PB40 PowerBuoy® will be deployed approximately 30 nautical miles southeast of the […]

16 June 2015 Business & Finance

A team of European experts, led by WavEC- Offshore Renewables (Portugal), has been awarded €3.450 millions in the scope of the European Commission’s competitive Horizon 2020 programme, to develop a new project – WETFEET. Using as a starting point the identification of the major constraints that have been delaying wave energy’s progress, WETFEET analyses key pressing issues (technical, economic, […]

12 June 2015 R&D, Technology

Atmocean, a US wave energy developer which is set to demonstrate its technology in Peru, reported that it will wait for better weather conditions to deploy the wave energy device off Ilo, a coastal city in the southern part of the country. The company attempted to deploy the device on Wednesday, but was forced to retrieve the equipment […]

11 June 2015 R&D

Wave Energy Scotland’s (WES) second competitive project call is now underway with the search for novel wave energy converter devices. The national research and development body for the wave energy sector in Scotland is inviting applications for project costs via a contract for research and development services to develop novel wave energy converters. Applicants will […]

10 June 2015

After a several months of preparation, Northwest Energy Innovations (NWEI) has deployed its Azura™ wave energy device at the United States Navy’s Wave Energy Test Site (WETS) near Kaneohe Bay, Oahu, Hawai’i. The device will be deployed for 12 months of grid-connected testing as part of a rigorous program to commercialize the Azura technology. “As […]

28 May 2015 R&D, Technology

The OCEAN WAVE POWER STATION (OWPS) will be presented at "Our Ocean Challenge" demo day in Dordrecht, the Netherlands today. OWPS consists of two large vessels that support a framework with floating standard 45 foot container-sized pontoons. Continuous long ocean waves (so-called swell) move the pontoons that activate huge wing pumps. The pumps circulate a […]

26 May 2015 Authorities, Business & Finance, Technology

The Swedish Energy Agency has granted the company Corpower Ocean AB 2 million EUR to conduct tests of its innovative concept for wave power. The project is part of a larger collaboration with KIC InnoEnergy, the Spanish energy company Iberdrola and the Portuguese Research Institute WavEC Offshore Renewables. Corpower will build a new prototype wave […]