Finnish wave technology provider Wello and the government-led Export Barbados (BIDC) have signed a commercial agreement for the deployment of a 5MW wave energy project in Barbados.

Menter Môn, the manager of the Morlais tidal energy project, has hired a Swansea-based company Juno Energy to assist it with the development of environmental support services for the scheme located off North Wales.

The European Commissioner for Energy Kadri Simson has visited the Eastern Scheldt Tidal Power Plant in Dutch province of Zeeland, to get a glimpse of the future where tidal energy is an everyday part of EU citizens’ lives.

French green hydrogen technology developer Lhyfe has started working on the installation of an electrolyser on Geps Techno’s hybrid renewable energy platform, which will produce green hydrogen from marine renewable energy sources.

French company EEL Energy has tested its commercial-scale 50kW tidal energy turbine in the Port of Brest.

In recent weeks, a series of historic declarations have been signed across Europe to accelerate offshore renewables, which are – according to CorPower Ocean – unleashing a wave of opportunities in the ocean energy sector.

The transition to renewable energy is not without its challenges, but today’s markets are increasingly shifting in response to it. Understanding the massive swings in energy supply and demand taking place will enable oil and gas traders to confidently plan for the years ahead, especially as capital allocations shift in response to market signals.

Menter Môn, the manager of the Morlais tidal energy project, has launched two tenders related to the procurement of environmental monitoring services for the scheme.

SIMEC Atlantis Energy has stepped up its efforts to redeploy three MeyGen tidal turbines, after a setback faced with the reinstallation of the first turbine to the Caithness site.

Scottish tidal energy company Nova Innovation has secured €2.5 million to build an upscaled tidal energy turbine, expected to further slash the cost of tidal power.