Wave and tidal energy News for February 2010

Wave and tidal energy News Archive

Siemens invests in UK tidal energy company

Marine Current Turbines (MCT) says Siemens Energy has acquired a minority stake in its tidal current energy turbine, to help deploy Britain’s first commercial tidal energy farm in UK waters within the next two years.

AWS Ocean Energy secures £2m

Scottish wave energy company, AWS Ocean Energy, has secured £2 million from Scottish Enterprise’s Scottish Co-investment Fund and the Shell Technology Ventures Fund 1 B.V., an affiliate of Royal Dutch Shell.

UK wave and tidal gets £12m

Wave and tidal could receive £12 million from the UK Technology Strategy Board in 2010 to develop “the wave and tidal technologies of the future.”

Finance: Clean Energy Index down 4.59%

Interested in financial renewable energy news and stocks? Renewable Energy Focus has launched a finance section with real-time financial data and news.

Hawaii considers US$50m bonds for renewable energy

Hawaii has introduced legislation to create a green jobs sector through the establishment of a ‘Hawaii Clean Energy Investment Bonds’ programme for renewable energy.

Marine energy mass deployment by 2020

Marine energy will be ready for mass scale deployment by 2020, says the Carbon Trust.

Aquamarine Power: £5.1m for wave device Oyster 2 Aquamarine Power: £5.1m for wave device Oyster 2

Wave energy developer Aquamarine Power has secured £5.1 million Government funding to make its second generation wave energy device, Oyster 2.

Ocean Power Technologies installs wave energy device in Hawaii Ocean Power Technologies installs wave energy device in Hawaii

Ocean Power Technologies Inc has deployed one of its PowerBuoys wave energy devices at the Marine Corps Base in Hawaii USA.

USA investigates new renewable energy

The US federal budget proposes that the USA should be “the global leader in the new energy economy by developing new ways to produce and use clean and renewable energy.”

UK feed-in tariffs announced

The UK Government has announced its feed-in tariffs for small scale renewable and low carbon electricity starting from 1 April.

BWEA: renewable industry calls for 2020 action

The British Wind Energy Association (BWEA) calls on the UK Government to consider a raft of immediate measures to deliver the UK’s 2020 renewable energy targets.