Thursday, February 25, 2021

CorPower Extends Equity Funding for Commercial Scale Demo

CorPower's C3 in scapa flow, Orkney. Photo Credit CorPower

After securing a private placement of 9 million Euros, CorPower has extended its equity funding to 20.3 million Euros, for the commercial scale demonstration of its wave energy technology. The investment round was led by Midroc New Technology and included SEB Greentech VC…

Renewable Energy: Wave Power Projects Takes a Big Step

Jaffa Port floaters illustration. Image: ECO Wave Power

Eco Wave Power has secured the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-3249) needed for the cement works and installation of 10floaters for the EWP-EDF One wave energy project in the Port of Jaffa…

Eco Wave Power Commences Grid Connection Works in Israel

Photo: Eco Wave Power

While wave power is still in its infancy relative to offshore wind in the renewable power space, several companies are making step changes that are geared to lead this power source to utlity scale. One Swedish company making the move is Eco Wave Power…

Virtual Conference to Focus on Transatlantic Marine Renewables

WindFloat Atlantic  the world's first first semi-submersible floating wind farm, located 20km off the coast of Viana do Castelo, Portugal. Image courtesy EDP Renovables

Marine industry experts from Portugal and Canada are staging a special Blue Economy conference to spark transatlantic business growth. WavEC Offshore Renewables is teaming up with the Embassy of Canada to Portugal to host ‘Advancing the Blue Economy through Intercontinental Collaboration’.

CorPower Moves Foward with its Plan to Generate Energy from Waves

CorPower Ocean Portugal Country Manager Miguel Silva

CorPower Ocean is set to move forward fast on its wave energy project in the Atlantic Ocean after securing a 10-year license in PortugalThe TUPEM license - awarded by the national Directorate-General for Natural Resources (DGRM) - provides…

Engineering Ethics, Seaworthiness and the Right of Clients to Kill Themselves

© kentoh/AdobeStock

I had only been working as a graduate engineer for a few years and was minding my own business working for a yacht designer when my boss asked me to get in touch with a person who was looking for engineering analysis. I called the number…

Philippines Says No to New Coal Projects. Puts Focus on Gas

Image by markrhiggins/AdobeStock

The Philippines has stopped accepting new proposals for coal-based power projects to encourage investment in other energy sources like natural gas and renewables, the government's energy chief said on Wednesday.The moratorium on endorsements…

Tech Files: Offshore Power Products

Danish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted, are testing an innovative charging buoy that can bring green electricity to offshore wind farm service vessels and potentially to a wide range of maritime vessels. Photo courtesy: Maersk Supply Service and Ørsted

Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk Supply Service/Orsted power buoysDanish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted…

GIEK Doubling Down on Offshore Wind

Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK),

Tasked to provide the financial power to help Norwegian companies export their wares to the world, Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK) pulls no punches when asked about the appetite for investment in…

US LNG Loading Delays Expected as Hurricane Slams Gulf Coast

© Igor Groshev / Adobe Stock

Loadings of liquefied natural gas (LNG) cargoes from the United States likely will be delayed as a powerful storm strikes the heart of the U.S. oil and gas industry on the Gulf Coast, forcing several LNG plants to shut.Hurricane Laura made…

Robotics: Autobots Transform in the Offshore Energy Sector

BladeBUG is a blade walking inspection robot, focusing on leading edge erosion inspection. Images from ORE Catapult.

Robots and robotics have slowly been entering our lives, in various shapes and forms (and fictional characters), from self-driving household vacuum cleaners to highly automated manufacturing systems. Now they’re heading for the offshore…

Faroe Islands: Minesto Installs Foundation for Tidal Kite System

Illustration; Minesto

Tidal energy developer Minesto has completed the first offshore installation phase of its tidal energy project in the Faroe Islands, as the gravity-based foundation for the powerplant has been installed at the site in Vestmannasund.David Collier…

Hybrid AUV Completes Depth of Burial Survey for Offshore Wind Farm

Image Courtesy Modus Seabed Intervention.

Modus Seabed Intervention completed a high speed bathymetric and depth of burial survey of the inter array cable routes on the innogy operated Gwynt-y-Môr offshore wind farm, using the Modus HAUV-2 (Hybrid Autonomous Underwater Vehicle)…

Minesto Gets OK for Tidal Kite Installation in Faroe Islands

Image Credit: Minesto

Marine energy developer Minesto has said it been granted all necessary permits and consents for the installation of two grid-connected tidal kite systems in Vestmannasund, Faroe Islands.The granted permits and consents cover two DG100 tidal…

Tidal Power Firm gets Funding from Scottish Gov't

For illustration - Image by Atlantis

Tidal energy developer MeyGen Ltd has been awarded a £1.545 million grant from the Scottish Government's Saltire Tidal Energy Challenge Fund.The proceeds will be used to develop a subsea tidal turbine connection hub for the next phase of development of the MeyGen tidal power array…