Top news, May 28 – June 3, 2018

MarineEnergy.biz has compiled the top news from marine energy industry from May 28 – June 3, 2018.

Northwest Europe forms alliance to boost marine energy developers

Forty marine energy technology developers in northwest Europe are set to benefit from a newly approved EU project – Marine Energy Alliance (MEA) – that will offer integrated support services for the companies.

The four-year project, approved by Interreg North-West Europe Programme, will combine marine energy expertise of eight project partners who will jointly work to progress the maturity level of 40 small and medium sized enterprises (SMEs) in the region.

MarineEnergy.biz – published by Navingo – is proud to be part of this project. As communications partner, we strive to further develop and promote the marine energy industry.

BAM takes share in tidal bridge scheme as Strukton opts out

BAM International has acquired Strukton’s majority share in the joint venture Tidal Bridge that was established to drive forward the development of tidal energy floating power plants.

The share transfer, which took effect on May 25, 2018, is related to a strategic decision by Strukton to discontinue its activities in the Indonesian market, according to BAM International.

BAM’s remaining partner in Tidal Bridge BV in Eindhoven, the Netherlands, is Dutch Expansion Capital (DEC), the company informed.

Minesto checks second Deep Green installation phase off the list

Marine energy developer Minesto has completed the second offshore installation phase of its 500kW Deep Green (DG500) project in Holyhead Deep, off Wales.

Swedish developer installed the tether, micro-grid system (MGS) buoy and umbilical in an operation that put all the supporting components and systems needed to deliver the power produced by Minesto’s Deep Green utility-scale system in place.

China’s LHD tidal demo generates 800 MWh. Marks ‘world record’

Tidal energy project, led by Chinese developer LHD, has generated over 800MWh of cumulative power since summer 2016 – claiming a ‘world record’ with one full year of continuous power export to the Chinese grid.

The ‘one-year-on-grid’ milestone was hit on May 25, 2018, on Xiushan Island in China’s Zhejiang Province at a site that will eventually host a total of seven turbines on the 70-meter long and 30-meter wide LHD’s modular tidal energy platform.

Sabella aims for end-of-summer D10 splash

French tidal energy company Sabella has started new set of tests on its D10 tidal energy turbine ahead of its deployment off France planned for August at the earliest.

The equipment of the D10 tidal turbine, whose rated capacity reaches up to 1MW, is currently put to functional electrical tests, that will be followed with the final assembly, according to Sabella.

Report: Swansea Bay tidal lagoon dead in the water

The proposal to build a £1.3 billion energy generating tidal lagoon in Swansea Bay is reportedly set to be rejected by the UK government in an announcement rumored to be made next week.

The decision to reject the proposal has already been made, according to a source cited by Financial Times.

The ministers were prompted to make such a decision due to high level of subsidy the developer Tidal Lagoon Power would put on UK taxpayers’ backs should the government have given the scheme a go-ahead, the Financial Times has reported.