marine energy
The newest report from the United Nations Environment Program (UNEP), in cooperation with Bloomberg New Energy Finance, a clean tech analytics firm, shows that the combined impetus of stimulus funding, feed-in tariffs (FiTs) and renewable portfolio standards (RPS) generated a record $211 billion globally in 2010 in renewable energy investment.
A recent study performed by the Indian government shows the country has an estimated 8,000 megawatts of tidal energy potential.
India will soon be home to Asia's first tidal power project. The government has approved a 50-megawatt commercial tidal power plant in the Gulf of Kutch.
In a joint effort, the U.S. Department of Energy (DOE), Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), and the National Oceanic and Atmospheric Administration (NOAA) have committed US$5 million to further research Ocean renewable energy.
Ocean Power Technologies Inc. (Nasdaq: OPTT), a Pennington, N.J.-based pioneer of wave-energy technology for autonomous power generation and the utility market, has been making moves in the emerging wave energy market.
The Crown Estate, a property portfolio owned by the United Kingdom, recently awarded the world’s first commercial wave and tidal leases to build a total of 1.2 GW of wave and tidal energy projects on ten sites in Scotland’s Pentland Firth and Orkne
Already a global leader in the wind industry and firmly entrenched in the solar industry, Siemens Energy (NYSE:SI) is now diving into the marine energy industry.





