Scottish wave energy firm Mocean Energy launches £900k in crowdfunding campaign
Scottish wave energy developer Mocean Energy is aiming to raise £900,000 from a crowdfunding campaign as the company looks to mature its technology.
Wave & Tidal
Wave and Title Energy News
Offshore wind decom must avoid ‘reputational damage’
Trade body Offshore Energies UK (OEUK) confirmed a shift as decommissioning-focused businesses from the oil and gas sector to have turned their attention to wind and carbon storage.
Ithaca hands $200m to shareholders following ‘combination’ with Eni
The North Sea firm also confirmed controversy-hit Rosebank field was on track for first oil in 2026/27
Maier says GB Energy could create 300 jobs in Aberdeen
GB Energy chairman Jurgen Maier has pledged that the state-owned energy company will create up to 300 jobs at its new headquarters in Aberdeen.
New solutions needed to drive North Sea decommissioning
Decommissioning represents a vital transitional phase for the North Sea oil and gas industry.
Vital Energi plans 400 green jobs boost
Blackburn-headquartered Vital Energi has announced that it is expanding its operations by opening new offices in Newcastle and Swansea while also increasing its existing presence in Glasgow. This comes on top of what Vital described as a “major” refurbishment of its Blackburn headquarters, increasing seating capacity by a third.
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Simec Atlantis to suspend shares amid reporting delays
Simec Atlantis Energy (SAE) says it will not meet an end of June deadline for publishing its 2022 annual report and has requested a suspension of share trading until it can do so.
Aberdeen renewables expert joins Scottish tidal energy firm
Gordon McIntosh is the new chairman of Edinburgh-headquartered QED Naval, replacing former occupant Peter Syme who has retired.
Harbour Energy, Serica Energy among visitors to Orkney wave energy/subsea power scheme
A Scottish wave and energy storage solution – that can be used to power subsea assets – was put on show for the oil and gas industry last week.
‘Is there a bigger growth opportunity for the UK?’: NSTA on £200bn North Sea investment target
Stuart Payne, CEO of the NSTA, talks North Sea investment, whether electrification will hit the emissions mark, and inspiration from Teddy Roosevelt.
How can Aberdeen ensure its getting the best skills for the energy transition?
Aberdeen’s ongoing transition of decarbonising the oil and gas industry and investing in the development of sustainable green energies has the potential to inject new life into the city, restoring its position on the world stage as an economic powerhouse.
Homemade hydrogen and oxygen may mean greener space flights from Shetland
Energy developer Nova Innovation is leading a consortium to look at the potential of producing green hydrogen and oxygen from its tidal projects in Shetland.
Scottish wave developer puts plans in Mocean
The past 12 months have seen wave technology firm Mocean Energy go from strength to strength, as a major demonstrator project off Orkney paves the way for commercial deployments.
Orkney marine facility worth £370m to UK economy
New analysis commissioned to mark 20 years since the opening of the EMEC facility on Orkney shows it has supported millions of pounds in investment and hundreds of jobs across the UK.
Mocean chooses TEXO for wave energy fabrication work
TEXO Engineering and Fabrication has been chosen as preferred fabrication contractor for Mocean Energy’s range of wave energy generators.
New 30MW tidal energy project set for Orkney waters
Orbital Marine Power has announced it has been awarded an Option Agreement from Crown Estate Scotland for a new tidal energy project in Orkney.
Scottish tidal firm deploys its first unit in France
Nova Innovation has successfully installed a tidal turbine in Brittany, marking the first deployment of its technology outside the UK.
£2m Scottish project kicks off to trial wave power for subsea equipment
Scottish technology developers are working together on an ambitious project linking wave power and energy storage to power vital subsea equipment.
Petronas buys big Australian solar portfolio for top dollar
Petronas is the latest big oil company to move into Australian renewables, with the Malaysia state-backed energy company reportedly poised to acquire the local assets of German solar and storage developer Wirsol.
Innovation and the investor in the middle
Innovators have an eye on what problem it is they are trying to solve, but often need someone to help move a concept into execution and scale.
Tidal Turbines: A rare Scottish success story
Regardless of what government, its agencies and trade groups try to claim, offshore wind has not had that Saudi Arabia scale impact on the Scottish supply chain scene some hoped it would.
Renewables for Subsea Power project taking shape in Orkney
An initiative aiming to demonstrate the ability of green energy to power subsea oil and gas infrastructure is taking shape in the north of Scotland.
Dozens of jobs to be created at Balmoral Montrose manufacturing base
Work has completed at Balmoral Comtec’s Montrose Port manufacturing facility for the offshore energy sector, with dozens of jobs to follow.
UK developer Centre Port reveals plans for Centrica-backed £2bn, 12-mile tidal energy scheme
Plans have been unveiled for a £2 billion UK tidal energy project that could supply green energy to 600,000 homes.
Watch: Success for Waveswing prototype during sea trials in Orkney
An Inverness-based wave energy firm is toasting “highly encouraging results” from a recent phase of sea trials.
Scotland’s lack of renewables workers? Blame baby boomers
Ahead of a skills summit in Aberdeen this week, employment experts have assessed why Scotland and the wider UK has woes around attracting enough workers in renewable energy.
Simec Atlantis Energy sells majority stake in its tidal engineering division
Simec Atlantis Energy (SAE) said it plans to focus on its tidal power project in the Pentland Firth following the sale of its services division to managers.
Renewables windfall tax ‘would skew investment towards fossil fuels’
Renewable energy generators have hit out at a new UK Government bill which they said would impose a “windfall tax” on the sector and “skew investment towards fossil fuels”.
Potential for 7,000 new jobs in Fife say firms behind freeport bid
Firms behind the bid for a Forth Green Freeport estimate 7,000 new Fife jobs can be created if plans are approved.
Mocean, Verlume and Baker Hughes announce subsea wave energy link-up
Scottish firms Mocean Energy and Verlume have announced an agreement with oilfield services giant Baker Hughes on subsea wave power.
Liz Truss wins Tory leadership contest to become prime minister
Liz Truss will be the UK’s new prime minister after beating Rishi Sunak to take over the Conservative party.