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Minesto bags GBP 350k grant for trialing undersea kite technology

UK based Minesto (Saab Group spin-off) has received a GBP 350,000 grant from the Carbon Trust for first seagoing trials of the company's seakite technology, called Deep Green. Basically, it's a kite,...

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Columbia Power Technologies deploys wave energy device in Puget Sound

Columbia Power Technologies announced the successful deployment of its SeaRay prototype wave energy device in Puget Sound (Washington, USA). This is an important milestone for the company, which moves...

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First startup accelerator for cleantech companies begins operation

Greenstart announced the company has begun to officially offer its services to cleantech startups. It is based, you guessed it, in San Francisco. The company is exclusively focused on cleantech startup...

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Finnish wave power device soon in Orkney for testing

Finnish marine energy developer Wello's wave energy device called Penguin, is being hauled to Orkney, where it will be installed at the European Marine Energy Center (EMEC) for testing. The device has...

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Aquamarine Power closer to Oyster installation in Orkney

Aquamarine Power has issued an update on the project to install its Oyster wave energy conversion device in Orkney. The device is to be deployed in July this year, and is currently being built by...

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Aquamarine Power reveals new 800 kW Oyster

Aquamarine Power officially unveiled the company's latest Oyster version, an800 kW device, the latest generation Oyster to come out of the company's design rooms. The device was unveiled by the...

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Aquamarine Power gets GBP 3.4 million investment loan from Barclays

Aqumarine Power announced the company has been granted a GBP 3.4 million investment loan from Barclays Corporate. The agreement is touted to be the first in the UK for a marine energy project,...

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Siemens strengthens ocean energy activities with larger stake in Marine...

Siemens has increased its ownership stake in the marine energy specialist Marine Current Turbines (MCT). The German company now owns 45% of MCT, and strengthens its activities in this renewable energy...

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BP invests in Cool Planet BioFuels

Cool Planet BioFuels announced that BP Technology Ventures has made an investment in the biofuels startup, as part of the company's C Round of investments. BP has this way joined General Electric,...

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OPT awarded funding for Japan PowerBuoy application by Mitsui

Ocean Power Technologies has been awarded a USD 900,000 contract by Mitsui Engineering & Shipbuilding for continuation of development of the PowerBuoy technology and its application in Japanese...

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