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European-based public utility E.ON SE announced this week that it is investing in airborne wind energy, an innovative type of wind energy based around offshore tethered drones.

Atlantis Resources Limited (“Atlantis” or the “Company”)  MeyGen Update – Full Power Generation from Turbine #1

Perpetuus Tidal Energy Centre (PTEC), a consortium that includes Perpetuus Energy Ltd. and the Isle of Wight Council announced a partnership with tidal turbine manufacturers Schottel Hydro GmbH and Tocardo Tidal Turbines to develop a 30 MW tidal project off of the Isle of Wight, England.

WEC Projects (Pty) Ltd, a contractor specialising in turnkey water and wastewater treatment solutions in South Africa, has acquired a majority stake in Industrial Water Cooling(Pty) Ltd (IWC), a company specialising in cooling tower and industrial cooling solutions.

ORPC Ireland Ltd., a subsidiary of Portland-based Ocean Renewable Power Co., has been selected to enter the grant agreement stage of a project that will increase the performance and reliability of transferring energy from its renewable marine energy technology to the electric grid.
ORPC Ireland's request was one of 78 proposals submitted to Horizon 2020, the European Union's Framework Programme for Research and Innovation, according to a release from ORPC.
"The whole ocean energy industry deeply appreciates Horizon 2020's critical support and ORPC, in particular, is thrilled to receive such a strong endorsement of our technology," ORPC President and CEO Chris Sauer said in a statement.
As Mainebiz reported in May 2015, the company opened ORPC Ireland Ltd. after months of discussions with Irish officials who visited Maine several times to learn first-hand about ORPC's Cobscook Bay pilot ocean energy project in Eastport, which made history in 2012 when it became the first hydrokinetic tidal energy project to deliver electricity to a utility grid in the Americas. ORPC also installed and operated its first river power system in the remote Alaskan village of Igiugig last summer, successfully delivering power to shore.

Sustainable Marine Energy (SME) has successfully installed four subsea rock anchors in the challenging tidal flows of the Fall of Warness at EMEC.

Market Movers

Allete, Inc.

NYQ : ALE - 26 May, 4:02pm
73.15
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Low 72.84 52wk Low 56.48
Vol 294567 Avg Vol 234838
Eps 3.46 P/e 22.97
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Alliant Energy Corporation

NYQ : LNT - 26 May, 4:03pm
41.36
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CMS Energy Corporation

NYQ : CMS - 26 May, 4:01pm
47.41
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Consolidated Edison, Inc.

NYQ : ED - 26 May, 4:01pm
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Vol 1.12M Avg Vol 1.52M
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Duke Energy Corporation (Holdin

NYQ : DUK - 26 May, 4:01pm
85.07
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Exelon Corporation

NYQ : EXC - 26 May, 4:01pm
35.82
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NorthWestern Corporation

NYQ : NWE - 26 May, 4:02pm
61.41
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Vol 138354 Avg Vol 434689
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SCANA Corporation

NYQ : SCG - 26 May, 4:02pm
67.86
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UNITIL Corporation

NYQ : UTL - 26 May, 4:02pm
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Westar Energy, Inc.

NYQ : WR - 26 May, 4:03pm
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WEC Energy Group, Inc.

NYQ : WEC - 26 May, 4:01pm
62.45
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