CorPower, a developer of a wave energy converter inspired by the pumping principles of the human heart, has completed a €6.5M funding round, thus securing a critical investment for the next stage of the company’s development and allowing for the third round of testing of its wave energy technology,
U.S. conglomerate General Electric (GE) has completed the EUR 9.7 billion (USD 10.7bn) purchase of Alstom’s power and grid businesses, GE’s largest ever industrial acquisition, following the regulatory approval of the deal in over 20 countries and regions including the EU, U.S., China, India, Japan
Chinese wind turbine designer and manufacturer China Ming Yang Wind Power Group Limited has received a preliminary non-binding proposal letter from its Chairman and Chief Executive Officer Chuanwei Zhang to buy all of the outstanding ordinary shares of the NYSE-listed company not already in his owne
UK-based specialist engineering consultancy HR Wallingford today marked one year from the official opening of their Fast Flow Facility, a 75-meter-long flume designed to simulate the interaction of waves, currents and sediments at large scale and in more detail than was previously possible. Since it
US wave energy specialist Ocean Power Technologies (OPT) has redeployed the APB350 (A1) PowerBuoy off the coast of New Jersey and resumed sea trials. OPT also plans to release selected performance data gathered during the A1’s initial deployment as well as initial results of the Accelerated Life Tes
Ocean Power Technologies (OPT) and Gardline Environmental have signed a Memorandum of Understanding (MOU) to jointly develop innovative metocean monitoring and maritime security systems for prospective customers in the ocean observing and defense and security markets. The MOU outlines a multi-phase
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 MP
Carnegie Wave Energy Limited (CWE) has announced that the world’s first wave energy powered seawater reverse osmosis desalination plant is fully integrated and operational. Carnegie’s desalination pilot plant on Garden Island (co-located with the Perth Wave Energy Project) was commissioned off the e
Fraunhofer IWES’ Dynamic Nacelle Testing Laboratory (DyNaLab) has started operating. After an 18-month construction period, a 100-tonne generator of a 3 MW wind turbine was set in motion on the new test stand. Fraunhofer IWES said the EUR 35 million infrastructure will boost the competitiveness of q
Ocean Power Technologies (OPT) has begun Accelerated Life Testing (ALT) on its redesigned APB350 power takeoff (PTO) system as part of its effort to demonstrate product reliability and durability, and to accelerate toward product commercialization. The OPT ALT process consists of operating PTOs in t
Mojo Maritime, part of James Fisher and Sons plc, has launched its marine operations planning and risk optimisation system, Mermaid. Mermaid (Marine Economic Risk Management Aid) gives companies involved in marine operations increased understanding of the impact of weather and tidal forces on a proj
Wello has started testing its wave energy converter prototype Penguin II at Plocan Test Site, off Gran Canaria north-east coast. The 1/5 scale device arrived to Taliarte harbour in August and was assembled during September to prepare it for the sea trials. The tests are expected to last three months
DNV GL has certified a software developed by the Offshore Renewable Energy (ORE) Catapult as part of a project to develop a new bi-axial blade fatigue testing method. The project is aimed at reducing fatigue test times by almost a half and overall test times by a quarter. The two-year collaborative
Siemens has introduced a new solution for connecting offshore wind turbines to the grid. Presented at the National Maritime Conference in Bremerhaven, the direct-current technology enables a cost-efficient and simplified connection of offshore wind power plants far from the coast, Siemens said. The
