CorPower Ocean has secured a EUR 40m grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal.
Global leader in wave energy technology CorPower Ocean has secured two new strategic investors – Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT, as part of its Series B funding round.
The European Commission has officially named ocean energy as one of only two technologies that count toward the EU’s innovative renewables target, calling on member states to dedicate 5% of new renewable capacity to innovative technologies by 2030.
At Almedalen Week 2025, Sweden’s premier political and innovation forum, Novatron Fusion Group (NFG) took centre stage in Sweden’s national conversation on energy, innovation, and industrial strategy, showcasing fusion energy not as a distant hope, but a near-term reality.
The UK’s marine energy sector is gaining traction with the launch of the Marine Energy Taskforce (MET) – a government-supported initiative aimed at unlocking the region’s wave and tidal energy potential.
Orkney-based marine engineering firm Green Marine UK has played a key role in a major milestone for ocean engineering company DEEP, acting as Principal Contractor to deliver the successful submergence test of DEEP’s pioneering subsea habitat, Vanguard, at Kishorn Port in the Scottish Highlands.
On June 9, NOVATRON 1 was officially inaugurated at the Royal Institute of Technology (KTH) in Stockholm – the EU’s first private, fully integrated fusion plasma system.
Novatron Fusion Group has a Scientific Paper released in the peer reviewed journal Nuclear Fusion positioning mirror machines as serious contenders in the global fusion race.
Novatron Fusion Group participated in the Fusion Innovation Reception, held at the official residence of the UK Prime Minister, Number 10 Downing Street, London.