Wave Electricity Renewable Power Ocean (WERPO) has entered into a new agreement with Sunbelt Israel, part of the Sunbelt Business Network capital group, to secure funding for the outstanding projects. WERPO, a wholly-owned subsidiary of the Israeli sea wave energy technology developer Blackbird Inte
Denmark’s Vestas is planning to build a new blade manufacturing facility in India and is expecting up to EUR 1 billion more in revenue in 2015 after posting encouraging operating results for the quarter ended September 30. The construction of the new factory will start in 2016, and the project is ex
Natural Power has invested in a wind farm modelling software. The company said its technical team has been developing new models for a more accurate prediction of wind farm performance and has produced results from its computational fluid dynamics (CFD) models at wind farm scale within five to six d
DONG to Build World’s Biggest Offshore Wind Farm DONG Energy decided to construct the 660MW Walney Extension offshore wind farm, located in the Irish Sea, approximately 19 km off the west coast of Britain. Van Oord: Dredging Companies Venturing into Offshore Wind (Interview) During the Offshore Ener
Norwegian energy company Statoil has made the final investment decision to build the Hywind Scotland Pilot Park, the world’s first floating wind farm, offshore Peterhead in Aberdeenshire, after Scotland gave the project the go-ahead yesterday. The decision triggers investments of around NOK 2 billio
CorPower, a developer of a wave energy converter inspired by the pumping principles of the human heart, has completed a €6.5M funding round, thus securing a critical investment for the next stage of the company’s development and allowing for the third round of testing of its wave energy technology,
U.S. conglomerate General Electric (GE) has completed the EUR 9.7 billion (USD 10.7bn) purchase of Alstom’s power and grid businesses, GE’s largest ever industrial acquisition, following the regulatory approval of the deal in over 20 countries and regions including the EU, U.S., China, India, Japan
Chinese wind turbine designer and manufacturer China Ming Yang Wind Power Group Limited has received a preliminary non-binding proposal letter from its Chairman and Chief Executive Officer Chuanwei Zhang to buy all of the outstanding ordinary shares of the NYSE-listed company not already in his owne
UK-based specialist engineering consultancy HR Wallingford today marked one year from the official opening of their Fast Flow Facility, a 75-meter-long flume designed to simulate the interaction of waves, currents and sediments at large scale and in more detail than was previously possible. Since it
US wave energy specialist Ocean Power Technologies (OPT) has redeployed the APB350 (A1) PowerBuoy off the coast of New Jersey and resumed sea trials. OPT also plans to release selected performance data gathered during the A1’s initial deployment as well as initial results of the Accelerated Life Tes
Ocean Power Technologies (OPT) and Gardline Environmental have signed a Memorandum of Understanding (MOU) to jointly develop innovative metocean monitoring and maritime security systems for prospective customers in the ocean observing and defense and security markets. The MOU outlines a multi-phase
Marine Power Systems (MPS), which plans to test its WaveSub device in the Haven Waterway Enterprise Zone, has received GBP 2 million of EU funds, Welsh Finance and Government Business Minister, Jane Hutt, announced last week. The GBP 3 million project, which includes a GBP 900,000 investment from MP
Carnegie Wave Energy Limited (CWE) has announced that the world’s first wave energy powered seawater reverse osmosis desalination plant is fully integrated and operational. Carnegie’s desalination pilot plant on Garden Island (co-located with the Perth Wave Energy Project) was commissioned off the e
Fraunhofer IWES’ Dynamic Nacelle Testing Laboratory (DyNaLab) has started operating. After an 18-month construction period, a 100-tonne generator of a 3 MW wind turbine was set in motion on the new test stand. Fraunhofer IWES said the EUR 35 million infrastructure will boost the competitiveness of q
