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

Marine hydro firm Hammerfest Strom awards tidal turbine construction contracts


ScottishPower Renewables' Managing Director Keith Anderson joined First Minister of Scotland Alex Salmond in Oslo as Norway-based marine hydropower developer Hammerfest Strom announced contracts worth 4 million pounds (US$6.2 million) to construct the first of their advanced HS1000 tidal power turbines in Scotland.

Andritz acquires stake in tidal hydro firm Hammerfest Strom


International technology group Andritz has acquired a 33.3 percent stake in Norwegian tidal hydro specialist Hammerfest Strom AS, including its subsidiary, Hammerfest Strom UK Ltd, based Scotland, by means of a capital increase, Andritz Hydro reported.

Facility at Florida university designated national marine energy center


The U.S. Department of Energy has designated the Center for Ocean Energy Technology at Florida Atlantic University a national center for ocean energy research and development, naming it the Southeast National Marine Renewable Energy Center, FAU announced.

New hydrokinetic turbine nears final testing phase


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


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


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


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


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


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


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.


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

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.

Tech Notes


New Hydro


Hydropower projects eligible for Power Engineering Project of the Year


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


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


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


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


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


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.

Hydro Industry Financials

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