Wave and tidal energy News for January 2011

Wave and tidal energy News Archive

DCNS buys stake in tidal company OpenHydro

DCNS is acquiring an 8% holding in Irish tidal energy company OpenHydro for €14 million.

Langlee E2 wave power device doubles output Langlee E2 wave power device doubles output

Langlee’s E2 wave power device has achieved peak efficiency improvements of 40% and a 100% increase in yearly production compared to a test in 2009.

Irish tidal power company gets €2m of investment

Irish tidal power company OpenHydro could receive up to €2 million from Bord Gáis Energy in a deal where Bord Gáis Energy becomes a shareholder in OpenHydro.

Wave and tidal energy spend to hit US$1.2bn by 2015

Global spending on wave and tidal energy may reach US$1.2 billion over the next five years, according to energy business analyst Douglas-Westwood.

Anaconda wave energy device closer to commercialisation

Checkmate Seaenergy Ltd has appointed Brewin Dolphin to lead an initial funding round to finance the development of the Anaconda Wave Energy Converter.

India to build Asia's first commercial tidal power plant India to build Asia's first commercial tidal power plant

Asia's first commercial tidal power plant will be built in the Indian state of Gujarat with an initial 50 MW capacity.

Shepherd builds wind and marine test rig facilities for Narec

Shepherd Construction will build three facilities for test rigs for full-scale wind and marine prototypes for the UK National Renewable Energy Centre (Narec) in Blyth.