Marine Hydrokinetics (MHK)

Waterpower can be harnessed without construction of a dam. Ocean waves and tides and hydrokinetic flows in rivers are the next horizon for new hydroelectric development.

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Marine Hydrokinetics (MHK) Power News

Driving Ocean Energy Innovation in Scotland

05/01/2011 By Thomas LambTesting under way at the European Marine Energy Centre in Orkney, Scotland, is helping developers improve their technology for converting ocean waves and tides into electricity. With proper support, wave and tidal schemes could provide 1.6 GW of capacity off Scotland's north coast by 2020.

Marine hydro firm OPT awards wave energy project contracts

04/20/2011

Ocean Power Technologies Inc. is awarding four new contracts to Oregon companies in connection with the manufacture of its PB150 PowerBuoy wave energy generating device and its deployment off the coast of Reedsport, Ore., OPT announced.

Hydropower Reform Coalition, National Park Service release guide that offers strategies for addressing recreation issues in new hydropower technologies

04/12/2011

The Hydropower Reform Coalition and the National Park Service have jointly released a new guide that offers strategies to deal with potential recreation issues as new hydrokinetic energy technologies are being proposed in rivers and oceans, often times in same areas that are high-value recreation resources.

GE acquires 90 percent stake in France-based Converteam

04/01/2011

GE Energy has entered into an agreement to acquire approximately 90 percent of Converteam, a leading provider of electrification and automation equipment and systems, from a controlling shareholder group that includes management, Barclays Private Equity and LBO France, for approximately $3.2 billion.

The Leading Edge

04/01/2011 Massachusetts town files draft pilot license for tidal project

Ocean/Tidal/Stream Power: Identifying How Marine and Hydrokinetic Devices Affect Aquatic Environments

04/01/2011 Significant research is under way to determine the potential environmental effects of marine and hydrokinetic energy systems. The federally funded research is designed to facilitate installation and operation of these systems.

Marine Current Turbines planning first tidal array for Wales

03/29/2011

Marine Current Turbines Ltd, in partnership with RWE npower renewables, has submitted a consent application to install a 10-MW array of tidal stream turbines off the North West coast of Anglesey in 2015, MCT announced.

Wales developer seeks builder for 1.2-MW Ramsey Sound tidal project

03/25/2011

Wales-based Tidal Energy Ltd. invites applications for pre-qualification to build its 1.2-MW prototype tidal stream power project in Ramsey Sound off the Pembrokeshire coastline in Wales.

ScottishPower Renewables to develop tidal power array in Sound of Islay

03/21/2011

The Scottish Government has approved ScottishPower Renewables' plans to develop a 10-MW tidal power array in The Sound of Islay on Scotland's west coast.

Ocean Power Technologies reports strong growth, reaches operational milestones

03/17/2011

Marine hydro developer Ocean Power Technologies Inc. announces its financial results for the third quarter and nine months ended Jan. 31, 2011 of its fiscal year ending on April 30, 2011.

Orkney tidal power: A hotbed on the seabed

03/14/2011

The 20,000 people on the rugged islands of Orkney in Scotland's extreme north are vastly outnumbered by sheep. But out to sea, beyond the wind-scoured landscape and dramatic cliffs, is the world's leading tidal energy research center.

Converteam to supply electrical equipment for HS1000 tidal turbine

03/02/2011

Power conversion specialist Converteam has been selected to supply major elements of electrical equipment for a 1-MW tidal turbine known as HS1000, Converteam announced.

The Leading Edge

03/01/2011 Developer proposes tidal plant for New York City's East River

New Hydro

03/01/2011

New Hydro

03/01/2011

DCNS acquires stake in tidal renewable energy company OpenHydro

01/28/2011

France-based DCNS, a leader in naval defense and a player in energy, and OpenHydro, the Irish tidal renewable energy company, have signed a strategic agreement that will enable the companies to combine their marine engineering strengths in the tidal energy market.

Bord Gáis Energy invests in OpenHydro, plans for Ireland tidal energy farm

01/21/2011

Ireland-based marine hydro firm OpenHydro and Bord Gáis Energy have concluded an agreement for Bord Gáis Energy to become a shareholder in OpenHydro.

Tidal current power plant planned for Gulf of Kutch in India

01/14/2011

A 50-MW tidal power project is planned for construction in the Gulf of Kutch in the Indian state of Gujarat, with Atlantis Resources Corporation partnering on the project.

Pacific Gas and Electric joins other California utilities to host HydroVision International 2011

01/13/2011

Pacific Gas and Electric Company has agreed to be an official host utility for HydroVision International 2011. The Sacramento Municipal Utility District and the California Department of Water Resources earlier agreed to be host utilities for the event.

OPT PB150 wave power device achieves Lloyd's certification

01/11/2011

Marine hydro developer Ocean Power Technologies Inc. has achieved an independent certification for its utility scale PowerBuoy, the PB150, by the internationally respected Lloyd's Register, OPT announced.

Hydro Industry Financials

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