Showing posts with label funding. Show all posts
Showing posts with label funding. Show all posts

Monday, September 21, 2009

Aquamarine closes £10 million funding

News today is that Aquamarine, developer of the Oyster wave devices recently installed at EMEC in Orkney, has closed a £10 million equity financing (as a precursor to another £40 million to be raised later). Details here.This funding, together with the deployment at EMEC, projects Aquamarine into the top rank of wave energy devices.

The company's press release is here.

Thursday, September 25, 2008

The Americans are coming...


The US Department of Energy has announced grants to marine Renewables totalling up to $6.6 million for technologies and Market acceleration and up to $12 million for test centres in Oregon and Hawaii.

More details here.