Finance


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Wave and tidal plan must be followed by Government investment

Government to invest a further £150-£200 million in the two technologies.
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Report: Ocean Energy Could Reach Up To 200 GW Of Power Generation Capacity By 2025

The world's oceans represent a vast untapped resource for renewable energy generation, and a host of technology companies are emerging to pursue the great frontier of hydrokinetic power. ...
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New Investment for AWS Ocean Energy

AWS has secured a £2 million investment from Scottish Enterprise’s Scottish....
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Scotland Looks To The Waves Off Shetland For Possible Power Solutions

First Minister Alex Salmond today welcomed the announcement of a joint-venture by Pelamis Wave Power...
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Scotland gives marine test centre £2.5 million boost

The Scottish Government will give the Orkney’s European Marine Energy Centre (EMEC) a £2.5 million funding increase, announced First Minister Alex Salmond earlier this week...
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Federal boost for geothermal projects

Two South Australian renewable energy projects will receive grants from a federal investment program...
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Fundy tidal power test gets boost today

A federal green foundation is expected to make a major announcement today about Nova Scotia Power’s effort to generate electricity from the Bay of Fundy tides...
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Nordic Capital saves Master Marine with €270m recapitalisation

Private equity house Nordic Capital has provided a financing package of €270m to offshore energy service company Master Marine, making it the majority owner of the company...
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Marine fund launch unlocks key finance for UK marine renewables

The REA warmly welcomes the launch of the Marine Renewable Proving Fund...
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Tidal Power Gets Boost From Carbon Trust

As Britain aims to now become the center of the marine energy industry, it seems that tidal power developments could be getting a little boost...
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Wave power firm in plans to float

A company involved with a controversial wave power project off the coast of Cornwall is planning to float its shares in London...
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Marine Energy Market: Huge Potential for the UK

Global warming, energy security and rising oil prices have resuscitated the marine energy sector. Ocean energy is a predictable and abundant source of energy with the ability to supply approximately 10% of the world's electricity needs....
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