A total of £123.7 million ($154.8 million) has been invested into the Welsh economy as a result of marine technology to-date, and £27.5 million ($34.4 million) in the last year, according to a new report by industry association Marine Energy Wales.
Iberdrola affiliate company, Vineyard Wind, has launched a new Startup Challenge calling for innovative ideas that use real-time data to monitor marine mammals in the vicinity of offshore wind farms.
The floating ocean hybrid platform can be used “as a complete off-grid energy solution,” generating renewable energy from waves, wind and the sun.
Global wave and tidal stream energy production have risen tenfold over the last decade, according to a report issued Ocean Energy Systems (OES).
Marine services company Malin Renewables has secured a £1m contract to supply a fifty-tonne wave energy converter.
Bombora has now contracted more than 70 per cent of its groundbreaking £17m Pembrokeshire Demonstration Project in Wales. The project is currently on schedule...