• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Mocean wins European funding for Orkney wave machine

Simon Osuji by Simon Osuji
September 5, 2023
in Energy
0
Mocean wins European funding for Orkney wave machine
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Mocean Energy has won more than £3 million in funding for its wave machine plans in Orkney. The European Union provided the support, via EuropeWave.

The plan calls to build the Blue Horizon 250 in Scotland and deploy it at the European Marine Energy Centre (EMEC) in Orkney, perhaps as early as 2025. The device will be at a grid-connected berth.

By 2030, this project could pay the way for a small wave farm delivering 1-2 MW of power.

“This is a major milestone for Mocean Energy,” said company co-founder and managing director Cameron McNatt. “We have already demonstrated our technology successfully at small scale and this programme will allow us to build a significantly larger machine based on our proven hinged raft design, and incorporate our novel direct drive generator.”

© Supplied by Mocean Energy
Mocean Energy co-founder and managing director Cameron McNatt

The company also participates in the Renewables for Subsea Power (RSP) programme, with its 10 kW Blue Wave X prototype. The device is already offshore Orkney, providing power to Baker Hughes and an underwater autonomous vehicle, from Transmark Subsea.

Mocean designed Blue Horizon 250, which will have 250 kW of capacity, to support islands and remote communities.

EuropeWave, a pre-commercial procurement programme, awarded Edinburgh-based Mocean £3.2 million. The funds come in collaboration with Wave Energy Scotland, the Basque Energy Agency and Ocean Energy Europe.

“Innovation funding is crucial for early-stage technologies, and I am grateful to EuropeWave for this support which will help leverage the additional private investment this project will require,” he continued.

Local content

Local Scottish content in Blue X was around 80% local Scottish content. Mocean aims to achieve similar levels with Blue Horizon.

The company chose Texo Engineering and Fabrication, in March, to act as preferred fabrication, assembly and load-out contractor.

McNatt said the company had “the right suppliers on board to bring this ambitious project to fruition”.

“Looking further ahead, our goal is to deliver a small array in UK waters this decade, and I am confident that with appropriate innovation funding in place we can realise our ambition to build commercial wave energy arrays and generate home-grown green energy from our seas, both in the UK and around the world,” McNatt says.

Recommended for you

Verlume deploys its Halo subsea storage system.

Wave-powered subsea equipment trial extended into 2024



Source link

Related posts

As Umeme’s 20-year reign ends, can Uganda government keep the lights on?

As Umeme’s 20-year reign ends, can Uganda government keep the lights on?

February 25, 2026
Angola’s Sonangol declares $750 million profit in 2025 as oil output rises

Angola’s Sonangol declares $750 million profit in 2025 as oil output rises

February 25, 2026
Previous Post

The 3 Tiers of Customer Service (and How to Get to the Top)

Next Post

ONTARIO’S HOUSING MINISTER STEVE CLARK RESIGNS IN LIGHT OF GREENBELT SCANDAL

Next Post
ONTARIO’S HOUSING MINISTER STEVE CLARK RESIGNS IN LIGHT OF GREENBELT SCANDAL

ONTARIO’S HOUSING MINISTER STEVE CLARK RESIGNS IN LIGHT OF GREENBELT SCANDAL

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Harmonizing Canada’s Immigration and Industrial Policies: A Blueprint for Future Prosperity

Harmonizing Canada’s Immigration and Industrial Policies: A Blueprint for Future Prosperity

1 year ago
Best iPhone Deals (2023): Carrier Deals, Unlocked iPhones

Best iPhone Deals (2023): Carrier Deals, Unlocked iPhones

2 years ago
Dangote Refinery Reportedly Importing US Crude Again

Dangote Refinery Reportedly Importing US Crude Again

1 year ago
Al-Shabaab Storms Somalia Hotel Killing Nine

Al-Shabaab Storms Somalia Hotel Killing Nine

12 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.