More Wave Power News

Hydro tax credit extension approved by Senate committee


The U.S. Senate Finance Committee approved a bill Thursday that would extend tax credits for hydroelectric power.

Federal agencies ready approval for Deepwater Wind project


The National Marine Fisheries Service (NMFS) and the National Oceanic and Atmospheric Administration (NOAA) intend to issue an incidental harassment authorization for the Deepwater Wind Block Island LLC project.

Lockheed Martin awarded contract for tidal turbines


Lockheed Martin has signed a contract with global tidal energy company Atlantis Resources Ltd. (ARL:LN) to optimize the design of Atlantis' new 1.5-MW tidal turbine, the AR1500.

Cape Wind wins multiple legal victories


United States District Judge Reggie B. Walton issued rulings on Friday in four lawsuits that challenged Cape Wind’s permitting approval by the U.S. Department of Interior.

Design study for Kawasaki Heavy Industries tidal turbine completed


James Fisher Marine Services, a subsidiary of James Fisher and Sons plc, completed the front end engineering design (FEED) study for the installation, maintenance and decommissioning phases of Kawasaki Heavy Industries’ (KHI) tidal turbine.

Hydro legislation heads to Washington's House for approval


The Washington State Senate passed a bill, allowing utilities to designate hydroelectric power as renewable.

GDF SUEZ Gas NA names new president, CEO


GDF SUEZ Gas NA (GSGNA) named Frank Katulak its new president and CEO. Katulak brings more than 30 years of industry experience, with 15 years in GDF SUEZ's U.S. LNG division.

Tidal energy company names chair


Atlantis Resources Limited, a tidal technology and project developer, has named a new non-executive chairman.

Energy Department Loan Programs Office issues solicitation for $8bn in advanced fossil energy projects


The U.S. Department of Energy published a solicitation for advanced fossil fuel energy projects Thursday, making up to $8 billion in loan guarantee authority available for fossil energy projects that avoid, reduce or sequester greenhouse gases.

Merger pace picking up again in power industry


A gradual economic expansion, quicker regulatory approvals and the need for a larger balance sheet are driving a new wave of mergers and acquisitions in the electric power sector.

Energy Department investing $16mn on wave and tidal energy projects


The U.S. Department of Energy announced Thursday it would be investing $16 million on 17 different projects to help capture energy from waves, tides and currents.

Alstom tidal energy project tests at 1 MW output


Alstom's utility-scale tidal power device has reached the full nominal power of 1 MW after a series of gradual increases in power.

Massachusetts tidal power project plans moving ahead


The Town of Edgartown, Mass., told the Federal Energy Regulatory Commission on July 24 that it is making progress on a 20-MW tidal energy project located on the east side of Martha’s Vineyard.

Renewable sources to power more worldwide than gas, nuclear


Power generation from hydro, wind, solar and other renewable sources worldwide will exceed that from natural gas and nuclear by 2016.

Elements of Success in Tidal Energy Development


In 2012 Ocean Renewable Power Company (ORPC) began operating the first federally licensed, commercial, grid-connected tidal energy project.

Ocean Energy Development: Apply Common Sense to Common Problems


During the opening keynote session at the Energy Ocean International Conference in Providence, Rhode Island, Senator Sheldon Whitehouse identified a core problem to developing ocean energy technologies in the U.S.: process.

Company begins production of wave power prototype


Spindrift Energy has started machining components for its first prototype wave-powered system as part of an Energy Innovation Small Grant from the California Energy Commission.

IRS defines start of construction for the Production Tax Credit


The Internal Revenue Service explained today what developers must do this year to be considered to have started construction of new renewable energy projects.

Companies to develop ocean thermal conversion project in China


Lockheed Martin signed a memorandum of agreement with Reignwood Group to develop a 10 MW Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China.

U.S. wave power producer to establish office in Scotland


ResHydro said it is establishing operations in Glasgow, Scotland, the first U.S.-based renewable energy company to invest in the country.