CorPower Ocean has successfully completed a geophysical survey off the coast of Aguçadoura, northern Portugal, propelling forward the demonstration of next-generation C5 wave energy technology while also laying vital groundwork for the ambitious 10 MW pre-commercial VianaWave project.
Novatron Fusion Group (NFG) showcased its pioneering work in mirror-based magnetic confinement fusion at the 30th Symposium on Fusion Engineering (SOFE 2025) at MIT’s Plasma Science and Fusion Center, Boston.
Green Marine (UK) Ltd, a leading provider of integrated marine services to the renewable energy and offshore sectors, has announced the successful acquisition of ROVs (Remotely Operated Vehicles), Survey Equipment, Vessel, Personnel & Contract Agreements from the successful long-established Orkney-based Roving Eye Enterprises.
With the global wave energy market projected to reach $15.67 billion by 2033, the sector is entering a phase of rapid growth and commercialization.
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.