Marine Power Systems have just launched a crowdfunding campaign with equity investment experts Crowdcube. The campaign has already exceeded its original target with over 350 investors investing over £2.15 million between them following pre-registration for early access to the campaign. Investors will help grow the business and support the deployment of Marine Power Systems’ marine renewable energy[…]
Monthly Archives: May 2021
Through modular and flexible platform design it is possible to both drive down the cost of ownership and support the colocation of wind and wave energy generation technology. Marine Power Systems (MPS) is revolutionising the way we harvest energy from the world’s oceans. The company is on track to be a world leader in the supply[…]
Marine Power Systems have signed a berth option agreement with the European Marine Energy Centre (EMEC) in Orkney, Scotland. The option agreement gives Marine Power Systems first refusal to a berth at EMEC’s grid-connected revenue generating Billia Croo wave test site for the deployment of two multi-megawatt WaveSub wave energy converters. The project represents Marine Power Systems[…]
Marine Power Systems have confirmed that Biscay Marine Energy Platform (BiMEP), in the Basque Country (Northern Spain), has been chosen for the deployment of a grid-connected commercial megawatt scale device. The site offers ideal deep water testing conditions and a direct connection into the electricity grid. The berth has been secured and a geotechnical survey of[…]