CorPower Ocean and Simply Blue Energy hope to make waves in UK and Ireland

The companies aim to start producing and exporting wave power by 2024

Wave Energy Scotland awards £1m for advanced control systems

The projects aim to significantly reduce the cost of generating electricity by increasing the amount of wave devices can capture

Marine energy firm secures £10.3m wave of EU funding

The grant will support the design and testing of a 1.5MW fully-submerged wave energy converter in Wales

Scotland backs wave of innovative projects with £1.4m funding

Three projects will explore structural materials and manufacturing concepts over the next nine months

Scottish wave project gushes with £2.5m investment

A Scottish project to convert the movement of waves into electricity has won £2.5 million in funding. The magnetic gear project has been selected by Wave Energy Scotland (WES) for the final stage of its Power Take Off (PTO) programme, which aims to develop solutions to create wave energy. Tim Hurst, WES Managing Director said: […]

Wello wins Chinese wave energy contract

A Finnish wave energy company is entering the Chinese market after winning a contract. Wello has signed an agreement with CIMC OEI to start the research phase for a wave energy converter (WEC) design for Chinese markets. The wave climate in China is said to be “slightly milder” compared to Northern Atlantic waters, where its […]

Minesto to develop smaller ‘sea kite’ wave tech

A wave energy company intends to expand its market share by developing a new, smaller version of its underwater turbine technology. Minesto says a smaller version of its Deep Green device, called the DG100, would allow the company to enter new markets and engage in larger business opportunities, including those in Asia. The smaller DG100 […]

Finnish clean energy makes waves in Bali

A Finnish clean energy company is to deliver a 10MW wave energy park in Bali. Wello’s first commercial wave energy park has been ordered by Gapura Energi Utama, an Indonesian infrastructure company. The developer says the facility will produce zero emissions and expects it to be the largest wave energy park in the world. It’s […]

New online wave and tidal Matchmaker hub plays cupid

A new online hub to help subsea companies bid for wave and tidal energy contracts has been developed. Wave Energy Scotland (WES) and National Subsea Research Initiative’s (NSRI) online ‘Matchmaker’ database has specifically been designed to help companies find other organisations with the expertise they’re looking for and highlight their own credentials. The service is […]

Wave energy firm rides €2m swell to test its tech

An innovative wave energy company has raised €2 million (£1.8m) to help test its technology in a full-scale environment. Laminaria secured the funding from investment groups QBIC II and PMV and existing investor the Commonwealth Environmental Investor Platform (CEIP). ​ It will use the money to further develop its wave power technology and test a 200kW […]