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Fri09042015

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Ocean Power, Lockheed Martin working on 19-MW wave project in Australia

Two American companies, Ocean Power Technologies, Inc. and Lockheed Martin, will be developing a 19-megawatt wave energy project in Portland, in the state of Victoria, Australia. The Portland project is one of the largest wave energy projects announced to date, leveraging a federal grant of 66.46 million Australian dollars ($68 million) from the Department of Resources, Energy and Tourism.

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Eco Wave Power’s wave power devices complete tests in Black Sea

The medium-scale wave energy power device in the Black Sea developed by Israeli firm Eco Wave Power which was completed in April this year is now in full operation. Following the installation of the power plant, the company did some tests. They examined the characteristics of the two different floater shapes used – the “Wave Clapper” and “Power Wing” – and stress-tested the floaters under stormy conditions.

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U.S.’s own grid-connected marine energy testing site planned

Wave energy nonprofit Oregon Wave and the Northwest National Marine Renewable Energy Center have begun negotiations with the European Marine Energy Centre to plan a grid-connected ocean energy test facility to be called the Pacific Marine Energy Center. The project, which makes it a United States version of the key European facility for marine energy development, addresses the absence of standardized testing facilities which has been identified as a key barrier to the development of the marine energy industry.

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Britain offering $32 million for wave and tidal array devices deo

Organizations working with wave or tidal stream power technology have until the end of June 2012 to bid for a share of the British government’s 20 million pound ($32 million) Marine Energy Array Demonstrator Scheme. MEAD will support up to two pre-commercial projects to demonstrate the operation of wave and tidal devices in an array formation for an extended period of time.

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Vattenfall investing $1.92 billion on hydropower refurbishments

Swedish utility Vattenfall said it will invest around 13 billion kronor ($1.918 billion) on modernizing and increasing the production of its hydropower plants until 2023. The company will be spending around 1 billion kronor per year over the next 10 years on upgrades and refurbishments to their hydropower generation facilities.

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Vattenfall building 10-MW wave energy device with Pelamis

Swedish state-owned utility Vattenfall is working with Scottish wave energy technology company Pelamis to build a wave energy farm off the southwestern Shetland coast of Scotland. The wave energy project, a joint venture called Aegir Wave Power, will use 11 Pelamis Wave Energy Converters. These will produce 10 megawatts of capacity serving 8,500 households.

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Hydropower most used ‘renewables’ source through 2020 – report

Hydropower still remains the most widely used renewable energy source and its installed capacity is expected to grow steadily up to 2020, according to GBI Research. According to their new report, hydropower’s cumulative installed capacity is expected to grow from 739.2 gigawatts in 2010 to 1,051.1 GW by 2020, while power generation will grow from 2,483.5 GWh to 3,491.8 GWh in the same period.

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Wello’s Penguin wave energy device to be tested in Orkney

Finnish renewable technology developer Wello Ltd. is ready for full-scale deployment of their Penguin wave energy converter at the European Marine Energy Center in Orkney. The company has been granted permission for full-scale deployment by Marine Scotland following verification by certification body Det Norske Veritas.

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Siemens acquires Marine Current, adds tidal power to portfolio

German conglomerate Siemens is adding the power of the tides to their renewable energy product mix with its acquisition of a majority stake in Marine Current Turbines Ltd., a developer of tidal power generation projects and one of the first to have such a project producing power for the grid.

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Scotland opens $10 million fund for wave and tidal power

Scotland is again helping out its local wave and tidal energy companies develop their devices to full-scale testing with a new $9.5 million fund. The “Waters 2” program follows an initial £13 million fund launched in March 2010 by Scottish Enterprise to develop testing of new wave and tidal prototypes in the seas around Scotland, particularly Pentland Firth and Orkney Waters.

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