Grid operator REN recently installed a new offshore cable servicing floating wind, and there is significant commercial interest from utilities and project developers for next-generation wave-project development. Portugal also presents an ideal environment for HiWave-5 due to its natural assets and environmental consciousness. Several factors have contributed to choosing Viana do Castelo for this investment, says CorPower.Ī strong-competence pool of engineers from adjacent sectors such as offshore wind, composite manufacturing and shipyards, top-level universities and industrial infrastructure including ports and grid connection allow effective upscaling of operations in the region. The location was chosen to support its flagship demonstration project HiWave-5, and for the long-term development of supply and service capacity for commercial wave energy farms. In early July it was announced that the company is investing €16m into a R&D, manufacturing and service centre for wave energy converters (WECs) in Viana do Castelo, northern Portugal. Wave and tidal energy developments have been progressing in earnest throughout the world over the past few months, with many projects hitting important milestones – whether that be gaining new funding, completing testing or launching equipment.ĬorPower Ocean for example has been making strides in projects in Portugal. International Water Power & Dam Construction magazine rounds up the latest developments from the industry.

Wave and tidal energy projects have been moving forward globally, in spite of the ongoing pandemic. Wave and tidal energy can contribute to growing demand for clean, renewable power generation

From Scotland to Korea, several marine energy projects have achieved important milestones this year

Tidal power