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

OPT deploys marine hydrokinetic device off New Jersey coast

07/28/2015

Ocean Power Technologies Inc. (OPT) announced today it has successfully deployed its PB40 PowerBuoy off the coast of New Jersey about 30 nautical miles southeast of New York City Harbor. Costs of the program are not immediately available, but the operational buoy will provide the company with key performance data to accelerate ongoing product commercialization and technology development efforts.  

COER competition could help marine hydrokinetic development

07/27/2015

A combination multi-agency team may have an effect on marine hydrokinetic energy development after winning a recent international competition for the Center for Ocean Energy Research (COER) Hydrodynamic Modeling Competition. 

Hydroelectric power represented well in new bipartisan Senate bill

07/23/2015

Bipartisan energy legislation submitted to the U.S. Senate yesterday includes an extensive section that explicitly defines hydroelectric power as a renewable, while also improving on existing hydropower regulation.

MHK development in Canada

Canadian provinces sign MOU to develop marine renewable energy

07/21/2015

The Canadian provinces of Nova Scotia and British Columbia have signed a memorandum of understanding covering marine renewable energy.

Diver dies at Nova Scotia tidal facility

Diver dies while inspecting Canadian tidal facility

07/17/2015

A diver died while inspecting the 20-MW Annapolis Royal tidal barrage owned by Nova Scotia Power Wednesday, according to news reports.

Schottel Hydro receives MeyGen tidal turbine parts contract

07/09/2015

German marine propulsion manufacturer Schottel Hydro has received a contract from Lockheed Martin to deliver variable pitch hubs for tidal turbines to be installed at Scotland's MeyGen project.

More than 90 teams enter U.S. DOE's Wave Energy Prize program

07/08/2015

The U.S. Department of Energy has selected 92 teams from industry and academia to compete in its Wave Energy Prize program that seeks to encourage the development of wave energy conversion devices

Wave Energy Week will mix marine energy developers with traditional hydropower

07/01/2015

Oregon Gov. Kate Brown, Democrat, has proclaimed “July 13-17, 2015 to be Oregon Wave Week in Oregon and encourages all Oregonians to join in this observance.”  

Australian company enters into technology agreement for MHK development within Indonesia

06/22/2015

Australia-based Bombora Wave Power announced on June 22 that it has entered into a Technology Evaluation Agreement with Anoa Power of Indonesia in which Anoa would evaluate suitable deployment sites for Bombora marine hydrokinetic devices (MHK) while Bombora will confirm electricity generation capability across these locations. 

Marine and hydrokinetic test bed EMEC announces restructuring

06/16/2015

The European Marine Energy Centre has announced its intention to restructure following a year of change in the global wave and tidal energy market.

Commercial tidal energy project in The Netherlands will cost US$12.4 million

06/16/2015

Tocardo Tidal Turbines announced it would install the largest tidal energy project in The Netherlands as well as the world's largest commercial tidal installation in a US$12.4 million project that includes an array of five tidal turbines in the Oosterschelde barrier near the province of Zeeland. 

Azura device deployed for 12 months at WETS to commercialize marine hydrokinetics testing

06/15/2015

Northwest Energy Innovations (NWEI) announced it successfully deployed its Azura wave energy device earlier this month at the U.S. Navy Wave Energy Test Site (WETS) near Kaneohe Bay, Oahu, Hawaii.  

DCNS, Chilean government sign joint statement for marine and hydrokinetic research

06/12/2015

An agreement signed by Chilean and French officials in Paris this week will help Chile develop its Marine Energy Research and Innovation Center (MERIC).

Ocean Renewable asks extension of FERC pilot license for 300-kW Cobscook Bay Tidal project

06/12/2015

Ocean Renewable Power Co. has asked the Federal Energy Regulatory Commission for a two-year extension of its hydrokinetic pilot project license for the 300-kW Cobscook Bay Tidal Energy project in Maine.

Swansea Bay Tidal Lagoon gets planning go-ahead from UK government

06/10/2015

Progress on the 320-MW Swansea Bay Tidal Lagoon hydroelectric project in Wales took a significant step forward yesterday with developer Tidal Lagoon Swansea Bay PLC receiving planning consent from the United Kingdom's Department of Energy & Climate Change.

TLSB selects Chinese company for Wales' Swansea Bay Tidal Lagoon project

06/05/2015

Energy developer Tidal Lagoon Swansea Bay PLC has named China Harbour Engineering Company Ltd. as the preferred bidder for the 320-MW Swansea Bay Tidal Lagoon project in Wales.

U.S. House, Senate entertain marine and hydrokinetic bills

05/29/2015

Two pieces of legislation introduced to Congress could help develop America's marine and hydrokinetic sector.

China prepares three marine hydrokinetic test sites as part of US$163.4 million program

05/28/2015

China is planning to construct marine hydrokinetic (MHK) test sites by 2016 off the coasts of three provinces -- Shandong, Zhejiang and Guangdong -- financed in part by a US$163.4 million fund created in May 2010 for renewable energy. According to a press release from the country’s National Ocean Technology Centre, to date, the fund has supported 96 renewable energy programs. 

EDF developing tidal site

GE providing power conversion system for Paimpol-Brehat tidal energy array

05/28/2015

GE Power Conversion is supplying the electrical conversion system to be installed for a tidal energy array near Paimpol-Brehat, France, later this year.

Deep Green Wave Energy Unit

Wave energy developer Minesto establishes UK headquarters with Welsh funds

05/20/2015

The Welsh government has awarded US$14.45 million to marine energy developer Minesto as part of its European Regional Development Fund.

Hydro Industry Financials

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