To advance the availability of alternative energy solutions, Lockheed Martin [NYSE: LMT] announced today that it has signed a contract with Victorian Wave Partners Ltd. to begin developing the world’s largest wave energy project announced to date. This is a significant step toward making ocean energy commercially available. The 62.5-megawatt peak power wave energy generation … Continue reading Lockheed Martin and Victorian Wave Partners sign contract to start development of world’s largest wave energy project
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EC Starts Group to Spur Marine Energy Industry
The European Commission plans to start an Ocean Energy Forum to support the commercialization of wave and tidal technologies, which may be worth as much as 535 billion euros ($725 billion) globally by 2050. The forum will boost cooperation between stakeholders in the industry to help accelerate the development of wave and tidal devices, the … Continue reading EC Starts Group to Spur Marine Energy Industry
Continue readingIberdrola is committed to marine energy
IBERDROLA INGENIERÍA, in partnership with the Swedish company CorPower Ocean specializing in wave energy converters and the Portuguese marine research centre WavEc, has embarked on the development of the R&D project HiWave, focused on high efficiency wave power. This international initiative aims to demonstrate wave power harnessing using a new type of compact device with … Continue reading Iberdrola is committed to marine energy
Continue readingMoU signed between Alstom and Scottish Power Renewables (Iberdrola) for tidal power devices
Alstom and ScottishPower Renewables have signed a Memorandum of Understanding to incorporate Alstom’s tidal power devices within the Sound of Islay project. The tidal array, between the islands of Islay and Jura on the west coast of Scotland, will include up to four of Alstom’s 1 MW tidal devices, one of which is currently on … Continue reading MoU signed between Alstom and Scottish Power Renewables (Iberdrola) for tidal power devices
Continue readingEnel Green Power Launches Marine Power
The marine power device R115, which will convert into electricity energy produced from waves, was launched in Pisa this week, another example of EGP focusing on innovation and cutting-edge technology. On Wednesday Pisa Marina saluted the launch of the R115, an innovative marine power device which converts wave energy into electricity. This new development means … Continue reading Enel Green Power Launches Marine Power
Continue readingLeading marine renewables company announces partnership with Port of Milford Haven
Leading marine renewable energy company, Tidal Energy Ltd, has entered into a partnership with the Port of Milford Haven to develop an operating base, in readiness for the forthcoming sea trials of its DeltaStream prototype in Ramsey Sound, Pembrokeshire. Under the agreement, facilities will be provided at Pembroke Port for the storage, assembly, deployment and … Continue reading Leading marine renewables company announces partnership with Port of Milford Haven
Continue readingMarine energy: Alstom produced electricity with its 1 MW tidal turbine
Following its recent acquisition of Tidal Generation Limited from Rolls-Royce, Alstom ‘s 1MW tidal turbine generated power for the first time at the European Marine Energy Centre’s (EMEC) tidal test site in Orkney, Scotland. After the successful test of its 500kW device, it is the second Alstom tidal turbine generating power to the grid. This … Continue reading Marine energy: Alstom produced electricity with its 1 MW tidal turbine
Continue readingWave energy projects receive 20 million pounds of funding
Rosie Seldon from NRG Expert reports that the Ocean Energy sector is becoming increasingly interesting as more devices reach the prototype stage and are tested out at sea. The UK government, in particular, is therefore trying to spur on the industry with grants and funding to encourage commercial operations to succeed. Max Krangle, the Managing … Continue reading Wave energy projects receive 20 million pounds of funding
Continue readingOcean Energy Projects Developing On and Off America’s Shores
Take a moment to think about where your electricity comes from and what comes to mind? Perhaps natural gas pipelines and railcars filled with coal — or maybe solar farms spread across acres of land. Adding to this mix is a newcomer to the field. With advancements in technologies, Americans will soon be able to … Continue reading Ocean Energy Projects Developing On and Off America’s Shores
Continue readingThe Crown Estate looks to invest in first wave and tidal energy arrays
The Crown Estate today (16 January 2013) announced it is considering investing in the UK’s first wave and tidal energy array projects, in support of its strategy to encourage growth of the emerging industry. This follows a report last year which found there is potential for tens of gigawatts of wave and tidal projects around … Continue reading The Crown Estate looks to invest in first wave and tidal energy arrays
Continue readingWind Energy Update: Major European Utility Commits To Tidal Energy Meeting
With commitment from Vattenfall, RWE nPower, Siemens, Alstom, ABB as well as Kawasaki Heavy Industries, the Ocean Renewable Power Company, and Atlantis Resources Corporation, the 6th International Tidal Energy Summit (28-29 Nov. London) sets the stage for the next generation of commercial tidal development. Vattenfall, Europes largest operator of wind power, this week committed to … Continue reading Wind Energy Update: Major European Utility Commits To Tidal Energy Meeting
Continue readingMarine energy to bring thousands of jobs
A new marine energy park off the north of Scotland will generate thousands of jobs and become a global leader, the UK’s energy minister said yesterday. Energy and Climate Change Minister Greg Barker formally launched the Pentland Firth and Orkney Waters Marine Energy Park at North Highland College at Thurso. He said it marked the … Continue reading Marine energy to bring thousands of jobs
Continue readingAlliance between Israel and El Salvador in the renewable energy field
Israel’s SDE Wave Power Plants company and El Salvador’s El Esplendor Development Corp announced today an alliance to execute Wave Power Technology in El Salvador and California. SDE is a world leader in the planning, building and marketing of power stations that produce power from sea waves. SDE was recently selected by a team of … Continue reading Alliance between Israel and El Salvador in the renewable energy field
Continue readingFirst U.S. Commercial, Grid-Connected Tidal Energy Project
Today, Energy Secretary Steven Chu recognized the nation’s first commercial, grid-connected tidal energy project off the coast of Eastport, Maine. Leveraging a $10 million investment from the Energy Department, Ocean Renewable Power Company (ORPC) will deploy its first commercial tidal energy device into Cobscook Bay this summer. The project, which injected $14 million into the … Continue reading First U.S. Commercial, Grid-Connected Tidal Energy Project
Continue readingMarine energy can generate 87 GW of power in Brazil
Wave energy can generate 87 GW of power in Brazil, according to BNamericas.
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