Monthly Archives: July 2015

MPS Welcomes EU Commission’s Innovation Fund Proposal

Marine Power Systems (MPS) has welcomed the European Commission’s proposal for an Innovation Fund, which aims to strengthen the Emission Trading Scheme and support emerging renewable technologies. The company said that its wave energy technology, the WaveSub, has huge potential to contribute to energy security targets across the EU (and globally) and will reduce reliance on[…]

Marine Power Systems Becomes a Member of Ocean Energy Europe

Marine Power Systems (MPS), a Swansea-based company that is developing revolutionary technology designed to harness wave energy, has become a member of Ocean Energy Europe, the industry group for ocean renewable energy in Europe. Marine Power Systems joins a growing list of industry representatives uniting behind a common strategy for industrialising the ocean energy sector.[…]

Marine Power Systems’ WaveSub Impresses Welsh Natural Resources Minister

Marine Power Systems (MPS), a Swansea-based developer of wave energy technology, welcomed Carl Sargeant AM, the Minister for Natural Resources in Wales, to its offices on Thursday, June 26. The Minister enjoyed a presentation and guided tour of the business, which showcased the potential of the WaveSub, a wave energy converter being developed and tested by the[…]