Ocean Power Technologies News

 

EC-OG's Subsea Battery For "World-first" Autonomous Offshore Power Trials in Hawaii

Jan 10, 2022

Aberdeen-based subsea battery developer EC-OG has made the first commercial delivery of its Halo subsea battery storage system. The lithium-ion-based device will be part of 'a world-first autonomous offshore power sea trial' in Q1 2022 at the US Navy Wave Energy Test Site…

Minesto Says Dragon Class Tidal Energy Kite Can Produce 3.5 GWh of Electricity Per Year

Dec 22, 2021

Tidal energy technology developer Minesto said Wednesday that, based on analyzed production data and verified simulations, its utility-scale Dragon Class tidal energy kites are each projected to produce 3.5 GWh of clean electricity per year at identified sites…

Ocean Power Technologies Names New CFO

Dec 13, 2021

Ocean Power Technologies has appointed Robert P. (Bob) Powers as Senior Vice President and Chief  Financial Officer, effective December 13, 2021.Powers brings more than 25 years of experience in finance and strategy to OPT, most recently as CFO of Constellation Advisors…

Six Offshore Renewable Tech Developers Get EU Support

Dec 07, 2021

The EU-funded Ocean DEMO project has awarded recommendations for support to six offshore renewable energy developers under its fourth call. The awards support developers on their path to commercialization and ease the transition of ocean energy…

Nippon Foundation, DeepStar Launch Joint Decarbonization R&D Program

Dec 06, 2021

The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable energy and the environment…

OPT Buys Autonomous Surface Vehicle Maker MAR

Nov 16, 2021

Wave energy solutions provider Ocean Power Technologies has acquired Marine Advanced Robotics, Inc. ('MAR'), a California-based developer and manufacturer of autonomous surface vehicles (ASVs). 'This acquisition immediately provides OPT with an established…

Ocean Winds, Principle Power in French Floating Wind Team-up

Nov 16, 2021

Ocean Winds, a partnership between ENGIE and EDP Renewables, and Principle Power, a designer of floating wind turbine foundations, will cooperate to design the floating platforms for France’s first commercial-scale floating wind tender.In September this year…

Carnegie Launches Wave Energy Device to Power Moored Vessels

Oct 20, 2021

ASX-listed wave energy technology company Carnegie Clean Energy has launched a CETO-derived wave energy product designed for moored vessels, which 'offers a solution to the challenge of securing clean and reliable energy for offshore activities…

Blue Ocean Seismic Services Completes Sea Trials

Oct 12, 2021

Blue Ocean Seismic Services reports it has completed a series of passive and active sea trials in the North Sea using a DP2 class Multi Role Vessel. When tested at various weights, the company’s underwater autonomous vehicle successfully and…

Eco Wave Power Signs MoU with CIMC for Deployment of Wave Energy Tech in China

Oct 11, 2021

CIMC Offshore Engineering Institute (CIMC OEI) has signed a memorandum of understanding with wave energy technology company Eco Wave Power.CIMC OEI is an engineering company that designs and builds offshore marine structures such as offshore drilling rigs…

U.S. DOE Awards Grant for OPT's Next-gen Wave Energy Converter

Aug 17, 2021

U.S. Department of Energy (DOE) has awarded a grant to wave energy solutions provider Ocean Power Technologies to further the development of a next-generation wave energy converter.'Investment by the U.S. government towards the commercialization…

In a Historic First, ABS Classes Floating Wind Farm Off Portugal

Jul 14, 2021

Maritime and offshore classification society American Bureau of Shipping (ABS) has classed the 25MW WindFloat Atlantic floating offshore wind farm in Portugal, making it the world’s first classed offshore wind farm of the type.The floating wind…

Ocean Winds, Aker Offshore Wind to Jointly Bid for Floating Wind Projects in Scotland

Jul 08, 2021

Ocean Winds, a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE,  and Aker Offshore Wind, an Aker Solutions spinoff, have partnered up to develop floating offshore wind generation sites in Scotland.The two firms have paired up to bid in the ScotWind leasing round…

Ocean Power Technologies Announces Leadership Changes

Jun 21, 2021

Ocean energy technology developer Ocean Power Technologies, Inc. (OPT) announced on Monday that Philipp Stratmann has been appointed as its new president and chief executive officer, and a director, while Matthew T. Shafer has been promoted to senior vice president…

ABB Wins UTC Award for Subsea Electrification Technology

Jun 17, 2021

ABB's subsea power system, capable of distributing up to 100 MW of electricity over long distances and in ultra-deepwater, has won this year’s Underwater Technology Conference (UTC) Award.ABB’s US$100 million Subsea Power Joint Industry Project…

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