convert wave energy News
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The Penguin celebrates its two year continues deployment anniversary
The Wello Penguin (WEC-1) wave energy converter has survived another year in the harsh Orkney climate and is celebrating it’s second continues deployment anniversary. Funded thanks to the European Commission’s research and innovation programme, Clean Energy from Ocean Waves (CEFOW) research project coordinated by Fortum, the Penguin was originally deployed in 2012. The wave energy ...
By Wello Oy
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Israel`s Yam Pro Energy Signs a 180 Million USD MOU
Yam Pro Energy from Israel signed an MOU with Shapoorji Pallonji Group, the owners of the TATA Group, to build a wave energy power station in Ghana. To be completed in the upcoming three years at a scope of 150 MW generation ($180,000,000). The initial phase will be 10 MW and expanding thereafter. The partnership will be between Yam Pro, a local partner and SP with the responsibility to raise the ...
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The Penguin begins its journey to the Basque Country
On Saturday, September 26, the Penguin Wave Energy Converter (WEC) left Orkney where it has started its final journey towards the Biscay Marine Energy Platform (BiMEP) in the Basque country. The two-week trip will be towed by the En Avant 30 tug and will see the device travel down the Irish Sea, next France’s western Coast and to its new home in Armintza. The tug operations are being ...
By Wello Oy
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Floating concrete - the latest weapon in the climate war
A scheme using floating concrete to harness wave energy has received a £150,000 grant from the Carbon Trust. Bristol-based firm Embley Energy will use the cash to refine the prototype of its wave-energy converter Sperboy and demonstrate whether it can compete with fossil fuels and other renewable energy sources. Embley bosses say Sperboy, a specially-designed buoy, will deliver a cheaper ...
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Ocean Power Technologies to Present at the 24th Annual Roth Capital Conference in California on March 14, 2012
Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”), a leading wave energy technology company, today announced that it will participate in the 24th Annual Roth Capital Conference on March 14, 2012 at the Ritz-Carlton in Laguna Niguel, CA. Brian M. Posner, Chief Financial Officer of OPT, is scheduled to give a presentation at ...
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The Basque country welcomes the Wello Penguin wave energy converter to its shores
In the coming months Finnish based company Wello Oy will be bringing its wave energy converter (WEC) to the Basque country deploying at BiMEP’s site in Armintza. Thanks to the quick and diligent effort by the members at EVE and BiMEP, in cooperation with Wello they have secured funding for the installation, deployment and operation of the Penguin WEC to their site. In 2012 Wello Oy ...
By Wello Oy
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Wave Energy Device Deployed Off Oregon Coast
NEWPORT, Oregon, September 17, 2007 (ENS) - Finavera Renewables Inc. has successfully deployed and commissioned the first commercial scale wave energy converter off the west coast of North America. The company plans the phased installation of a multi-device wave park and commercial electricity generation by 2010. The wave energy converter, called the AquaBuOY 2.0, is situated two and a half ...
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PWP Secures Second Order for P2 Machine from ScottishPower Renewables
28 March 2010 - Pelamis Wave Power is delighted to announce a second order for its Pelamis P2 wave energy converter from ScottishPower Renewables, part of Iberdrola Renovables, the largest wind energy company in the world. The order announced today follows an earlier order from E.ON for the first P2 machine which is currently in the final stages of manufacture at PWP’s Leith facility and ...
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Resolute Project Selected for DOE Phase I SBIR award
Today Resolute Marine was notified by the Department of Energy’s Office of Science that it has been selected for a Phase I SBIR award for a project entitled “Nereus, Powering AUVs using Ocean Waves.” This project envisions adapting a proprietary floating wave energy converter and related subsystems co- developed by Resolute and its project partners to provide power for ...
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PG&E First in the Nation to Buy Wave Energy
SAN FRANCISCO, California, December 21, 2007 (ENS) - Pacific Gas and Electric Company has entered into a long-term, two megawatt commercial wave energy power purchasing agreement with Finavera Renewables Inc. both companies said Tuesday. Finavera has begun development plans for the two megawatt wave energy project to be constructed 2.5 miles off the coast of Humboldt County, California. The ...
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IBM, Sustainable Energy Authority Ireland Focus on Renewable Energy
IBM (NYSE: IBM) and The Sustainable Energy Authority Ireland (SEAI) are working together to understand and minimize the environmental impact of converting wave energy into electricity. This project, the first to use real-time streaming analytics for monitoring underwater noise generated by wave energy conversion devices, represents a significant step toward the ability to successfully and ...
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Ocean Power Technologies and Lockheed Martin to Develop Wave-Energy Project in Australia
Ocean Power Technologies, Inc. (Nasdaq: OPTT), a leading wave energy technology company, and Lockheed Martin (NYSE: LMT) have entered into a teaming agreement with the goal of developing a 19 megawatt wave-energy project in Victoria, Australia. This is one of the largest wave-energy projects announced to date, and leverages a grant from the Commonwealth of Australia. For the project, Lockheed ...
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National Wind Technology Center begins first Validation of Wave Energy Conversion Device
The National Wind Technology Center (NWTC) at the Energy Department's National Renewable Energy Laboratory (NREL) has begun validation work on the first water power technology ever tested in an NREL dynamometer facility. Representatives from Columbia Power Technologies, NREL and project partners celebrate the start of generator testing for the Columbia Power wave energy generator. "Though ...
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Calling All Coders: Help Advance America`s Wave Power Industry
With more than 50% of the nation's population living within 50 miles of coastlines, we have vast potential to provide clean, renewable electricity to communities and cities across the United States using marine and hydrokinetic (MHK) technologies. To help this emerging industry develop new models and tools that improve the design, development, and optimization of wave energy devices, the Energy ...
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National Wind Technology Center Begins First Validation of Wave Energy Conversion Device
The National Wind Technology Center (NWTC) at the Energy Department’s National Renewable Energy Laboratory (NREL) has begun validation work on the first water power technology ever tested in an NREL dynamometer facility. “Though designed to benefit the wind industry, the NWTC’s large dynamometer facility is being leveraged to help advance new ocean energy technology,” ...
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Energy Department Announces $10.5 Million for Next-Generation Marine Energy Systems
The Energy Department today announced $10.5 million in available funding to support the design and operation of innovative marine and hydrokinetic (MHK) systems through survivability and reliability-related testing of these systems. Such advances will help these devices harness even more sustainable energy from the enormous potential of the nation's oceans and rivers. As part of its MHK ...
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Energy Department Announces Funding for Demonstration and Testing of Advanced Wave and Tidal Energy Technologies
The Energy Department today announced $10 million to strengthen the U.S. marine and hydrokinetic (MHK) energy industry, including wave and tidal energy sources. Through the two funding opportunities announced today the Department is supporting design, manufacturing, demonstration, and testing of sustainable, environmentally responsible marine and hydrokinetic energy devices and components. Wave ...
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Funding Supports Research into Wave Energy
The Province is providing $150,000 from the Innovative Clean Energy (ICE) Fund to the West Coast Wave Initiative (WCWI) at the University of Victoria to support research into the potential of ocean waves to generate clean, renewable and affordable electricity. “Our B.C. coast is not only one of the province’s most beautiful resources, its waves could also be a source of clean energy, ...
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Ocean Power Technologies Announces Election of New Director
Ocean Power Technologies, Inc. (Nasdaq:OPTT) (“OPT” or “the Company”), a leading wave energy technology company, today announced that Terence J. Cryan was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of Stockholders held on October 4, 2012. In addition, Thomas J. Meaney retired from the Board of Directors effective with the ...
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Energy Department Announces up to $12 Million for Projects to Advance Wave Energy
The Energy Department announced up to $12 million in new projects to support the development of innovative technologies capable of generating reliable and cost-effective electricity from U.S. water resources. The four projects will advance marine and hydrokinetic (MHK) energy technologies, which can harness energy from the nation's oceans and rivers. Two projects will test and validate wave ...
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