wave energy converter News
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Ocean Motion Technologies is awarded Phase I SBIR Grant from the U.S. National Science Foundation
Ocean Motion Technologies has been awarded a competitive grant from the U.S. National Science Foundation (NSF) to conduct research & development work on the refinement of OMT's wave energy converter's advanced artificial intelligence control system. "NSF accelerates the translation of emerging technologies into transformative new products and services," said Erwin Gianchandani, NSF ...
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Seattle company raises $855k on Microventures to Complete its Wave energy converter
Oscilla Power has raised $885k on MicroVentures. This helps complete the Triton-C to be tested in Hawaii. With your help they are that much closer to harnessing wave energy! Oscilla Power thanks everyone who has invested and is excited to show the world the Triton-C completion come fall of 2021! They expect that the successful demonstration of the 100kW Triton-C wave energy system will be one ...
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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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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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Oscilla Power Announces Launch of Startengine Investment Opportunity
The goal for this round of fundraising is $3 million with proceeds used to fund the development and deployment of Oscilla’s first utility-scale megawatt-size system in India. OPI has developed the Triton wave energy converter. Known as a ‘multi-mode point absorber’, it consists of a highly optimized surface float and a hanging ring-shaped reaction structure, connected below the ...
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Bombora begins final test and assembly of world’s most powerful Wave Energy Converter
Bombora begins final test and assembly of world’s most powerful Wave Energy Converter Bombora ramps up flagship £20m, 1.5MW Pembrokeshire Project, delivering world’s largest Wave Energy Converter Final tests underway before ocean deployment Technology will be validated in the open ocean advancing mWave to TRL 7/8 Data will unlock pathway to launch next phase of ...
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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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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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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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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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Oyster® Wave Power Device wins Innovator of the Year 2009
Aquamarine Power (“Aquamarine”) has been celebrated as a leading force in the UK’s renewable energy sector, winning the coveted ‘Innovator Award 2009’ for its market leading Oyster® wave energy converter at this year’s British Renewable Energy Awards. Aquamarine competed against seven other shortlisted nominees to win the award which honours outstanding excellence in innovative features of ...
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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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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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Seattle Company Developing Wave-Powered Marine Platform For Ocean Science Application
Oscilla Power, Inc. [OPI] is proud to announce the receipt of a $200k Phase I SBIR grant award from the US Department of Energy to develop a wave energy powered platform for ocean sensing and monitoring systems. This award will help to develop technology that enables offshore instrumentation payloads to be powered by renewable energy from the surrounding ocean waves. During this work OPI will ...
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Ocean Wave Energy Company Receives DOE Boost for Energy Storage Technology
Oscilla Power, Inc is pleased to announce that it has been selected for a $1.1 million Phase II SBIR award from the US Department of Energy. This award will help Oscilla develop a novel underwater energy storage technology and investigate how large-scale farms of ocean wave energy devices can be best connected to the grid. This award will allow a continuation of work previously completed by ...
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Scaling Up For 2021: Aw-Energy Seeking Growth Capital To Deliver Its First Scheduled Commercial Wave Energy Projects With Its Certified Technology
AW-Energy Oy (AWE), the Finnish global leading wave energy technology company, is using corporate finance advisory firm Fredericks Michael & Co. in New York to identify and approach potential strategic partners and investors for additional growth capital needs in support of the commercial WaveRoller® deliveries scheduled in 2021. With projects in US, Europe and Asia, AWE expect to see ...
By AW-Energy Oy
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Bombora completes tank testing of a floating hybrid energy platform
As part of the EuropeWave Programme, Bombora Wave Power (Bombora) has successfully completed tank testing of a floating foundation system suitable for the InSPIRE solution, where mWave technology is combined with a wind turbine onto a single floating offshore platform. An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing ...
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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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Europe leading the way in marine energy - study
The sea could supply 20% of UK energy demand and about 10% of world consumption Wave energy sources are not only available in plenty, but are also consistent, predictable and have the highest energy density among all renewable energy sources. The best resource is found between 40-60 degrees of latitude where the available resource is 30 to 70 kW/m, with peaks of 100 kW/m. The potential worldwide ...
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Chile, a Sun and Sea ‘Mine’
The country, which is famous for its metal ores, also has abundant renewable energy. With 2,380 hours a year of exposure and a radiation percentage higher than that of the Sahara, it has a considerable growth potential in solar PV, and the long Ocean coastline offer significant development prospects for marine energy. Chile, which is famous in the world for its huge underground copper and metal ...
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