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

New hydrokinetic turbine nears final testing phase

08/10/2010

A new hydrokinetic turbine for generating clean electricity from water sources is approaching its final testing phase, developers reported.

Oregon utility-scale wave energy hydro station closer to fruition

08/04/2010

Coming at the heels of OPT Inc.'s announcement that its subsidiary, England-based OPT Ltd. was awarded GBP 1.5 million (US$2.3 million) for the development of its next-generation wave power system, the wave energy hydropower developer announced that it is getting closer to deploying its technology in the U.S.

Marine hydro firm OPT secures funds for PowerBuoy development

08/03/2010

Wave energy hydropower developer Ocean Power Technologies Inc. announced that its subsidiary, Ocean Power Technologies Ltd, based in Warwick, England, has been awarded a GBP 1.5 million (US$2.3 million) grant from the South West of England Regional Development Agency for the development of its next generation PowerBuoy wave power system.

Wave Hub, cable readied for installation off coast of England

07/20/2010

The latest stage of South West Regional Development Agency's Wave Hub project is under way as the hub and its 25-km cable are loaded onto a cable laying ship ready for deployment offshore in the next few weeks, South West RDA reported.

Frost: Hydro, Wave, and tidal power market outlook bright

07/13/2010

Prospects for the hydro, wave and tidal power market are good as countries are investing in renewable energy sources to augment energy security.

Marine hydro projects secure Scottish Government funding

07/07/2010

The Scottish Government has awarded 13 million pounds (US$19.7 million) in grants to five marine hydropower projects through a wave and tidal hydro development program.

California utilities agree to host HydroVision International 2011

07/02/2010

The Sacramento Municipal Utility District and the California Department of Water Resources have agreed to be the official host utilities for HydroVision International 2011, scheduled July 19-22, 2011, in Sacramento, Calif., USA.

Tech Notes

07/01/2010

New Hydro

07/01/2010

The Leading Edge

07/01/2010 Oregon Wave Energy Trust (OWET) announces release of the Wave Energy Infrastructure Assessment in Oregon, intended to assess infrastructure needs of ocean renewable energy in Oregon and compare them against the state's existing and planned infrastructure capabilities.

Transitions

07/01/2010 Rebecca Klein, JD, has been elected to the board of directors for Avista Corp.

Hydropower projects eligible for Power Engineering Project of the Year

06/23/2010

Hydropower, hydrokinetic and ocean energy projects are among renewable energy projects eligible for Power Engineering magazine's Projects of the Year 2010 awards program. The deadline for entries is Aug. 27.

Marine hydro firm Aquamarine Power secures additional funding

06/23/2010

Wave energy hydro developer Aquamarine Power announced that it has successfully raised an additional 6 million pounds (US$8.9million) of funding. This follows the recent unveiling of the design of its Oyster 2 device, which will be built in Scotland later this year.

Group seeks feedback on paper about marine, hydrokinetic power and recreation

06/21/2010

The Hydropower Reform Coalition, along with the National Park Service, is seeking feedback on a whitepaper that covers recreational issues related to marine and hydrokinetic energy technologies.

Marine hydropower firm proposes hydro research, demonstration facility

06/15/2010

A tidal hydropower firm has proposed building a $62 million hydro research and demonstration facility at Half Moon Cove in Maine's Cobscook Bay, according to media reports.

RWE Innogy, Voith Hydro to install marine tidal current turbine

06/14/2010

RWE Innogy and Voith Hydro are installing a 1-MW marine tidal current turbine off the Scottish coast through joint venture Voith Hydro Ocean Current Technologies, project developers reported.

Hydro Alternative Energy signs letter of intent for hydro projects in Haiti

06/02/2010

Florida-based Hydro Alternative Energy Inc. announced it has entered into a binding three year letter of intent with Haiti's Groupe Financier de l'Union, S.A. for developing commercial hydrokinetic power projects in Haiti.

The Leading Edge

06/01/2010 Wave energy hydropower developer Ocean Power Technologies Inc. (OPT) has won a $1.5 million grant from the U.S. Department of Energy (DOE) for the development of the next generation of OPT's PowerBuoy ocean energy hydropower device.

Tidal hydro developer Verdant Power signs MOU for hydro projects in China

05/28/2010

New York-based tidal hydropower developer Verdant Power Inc. and China Energy Conservation Environment Protection Group have signed a memorandum of understanding to develop tidal energy power projects in China, Verdant reported.

Oregon group offers matching grant for wave energy hydropower projects

05/25/2010

Oregon Wave Energy Trust (OWET) has announced it will provide a matching grant to any successful applicant to the Department of Energy’s recent Funding Opportunity Announcement (FOA) who performs a significant portion of their proposed DOE project in Oregon. The OWET matching grant will be equal to 20 percent of the DOE grant, up to $100,000.


Hydro Industry Financials

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