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Water Power

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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Tidal power said to reach 2.4 gigawatts of capacity in 2017

Tidal stream energy generation is poised to take the lead in an industry boom that will see the marine and hydrokinetic market’s generation capacity increase from 760 megawatts to 5.5 gigawatts in just five years, according to Pike Research. "Although wave energy has received the most press coverage, our research shows that tidal energy is shaping up to be the lower cost option, and therefore the closest to large-scale deployment," said research analyst Dexter Gauntlett.

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U.S. thin-film PV companies boost efficiency, module strength

Santa Clara, California-based Alta Devices has achieved 23.5 percent efficiency for their gallium arsenide solar panels, paving the way for commercialization according to the company. Meanwhile, in Colorado, thin-film cadmium telluride photovoltaic manufacturer Abound Solar is beginning production for 82.8-watt modules in their factory in Longmont.

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New York’s first tidal energy project acquires FERC approval

New York-based Verdant Power, Inc.’s planned 1-megawatt tidal energy project in the East Channel of New York’s East River was issued the first pilot license of its kind in the state by the United States Federal Energy Regulatory Commission.

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U.S. Department of Energy releases national wave and tidal energy study

Harnessing the power of the waves and the tides along the coastal United States can provide approximately 1,420 terawatt-hours of energy a year or 15 percent of the nation’s energy needs by 2030. This is the finding of the United States Department of Energy which released two nationwide resource assessments of the energy potential of America’s wave and tidal resources.

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Croatian hydropower project gets E.B.R.D. financing

The European Bank for Reconstruction and Development is lending up to 123.2 million euros ($164 million) to Croatian state-owned electricity utility Hrvatska Elektroprivreda to finance the construction of a hydropower plant.

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Kawasaki developing tidal energy device in Scotland

Kawasaki Heavy Industries announced that it will test a new tidal energy system off the coast of Scotland at the country’s dedicated center for marine energy research. The Tokyo-based company plans to use its knowledge in engines, marine propulsion and gas turbine systems to build tidal energy devices to be tested at the European Marine Energy Center in Fall of Warness, Orkney. However, Kawasaki has yet to disclose useful details on how their device works.

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Langlee Wave Power secures $1.1 million from Färna Invest

Langlee Wave Power has secured £700,000 million pounds ($1.1 million) from Swedish investment firm Färna Invest AB to fund the development of the company’s flagship wave energy device. The company’s E1 Wave Energy Converter is a floating platform with two hinged flaps just below the sea's surface. Sea waves move the flaps which drives hydraulic pistons attached to a rotating axle of a hydraulic generator to produce 50 kilowatts of electricity.

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Ocean Power awards four contracts to Oregon based companies

Ocean Power Technologies, Inc., a wave energy technology company, has awarded four major contracts to Oregon companies to manufacture the PB150 PowerBuoy wave energy device that will be used for their Reedsport wave project.The four different companies awarded with the contracts will each play a crucial role in the assembly of O.P.T.s wave power device. With these new contracts, the company has invested as much as $6 million to the local economy.

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Wave power unit installed in Israel’s Jaffa port

Wave power plant initial step in a planned 60-megawatt project on the Jaffa port’s breakwater

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