Ocean Energy

Minesto Extends and Updates Tidal Power Purchase Agreement with Faroese Utility Sev

Minesto AB has announced an update and renewal of its tidal power purchase agreement (PPA) with Faroese electric utility Sev, as disclosed on Monday....

Minesto’s Dragon 12 Tidal Kite Achieves Three Months of Testing

Ocean energy developer Minesto has achieved a significant milestone with its tidal kite Dragon 12, marking three months of uninterrupted testing since its installation...

Ocean Energy Sector Gains Momentum in 2023, EU Funding Boosts Tidal and Wave Projects

The ocean energy sector surged forward in 2023, fueled by EU funding and national revenue support, according to the...

Minesto Unveils Ambitious 200MW Tidal Energy Buildout Plan in Faroe Islands

Minesto, a prominent ocean energy developer, has announced an upgraded roadmap aimed at establishing a robust 200MW tidal energy...

Minesto’s Dragon 12 Tidal Powerplant Successfully Delivers First Electricity to Faroe Islands Grid

Minesto has marked a significant milestone in the tidal energy sector with the successful delivery of first electricity from...

Shell Invests in Collaborative Project Harnessing Wave Power for Subsea Energy

Oil and gas leader Shell has entered the Renewables for Subsea Power (RSP) collaborative project with a substantial £2...

Energies PH to Pioneer Southeast Asia’s First Tidal Power Plant in the Philippines

Energies PH, through its affiliate San Bernardino Ocean Power Corporation, has inked a deal with Inyanga Marine Energy Group...

Eco Wave Power Sends Clean Electricity to Israeli Grid from EWP-EDF One Project

Eco Wave Power Global has achieved a significant milestone by delivering clean electricity from its EWP-EDF One project in...