Following a successful crowdfunding campaign and obtaining funding from WEFO, MPS is set to build their first commercial demonstrator device in Wales. Swansea-based Marine Power Systems (MPS) reached a £1.5m crowdfunding target in just two weeks after launching and then moved into overfunding, now at over £2m. They have also successfully obtained support from WEFO[…]
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Swansea-based company is developing a flexible ocean energy extraction technology that can harness wave energy, wind energy and combined wind and wave energy at grid scale. All the machines share a common floating platform technology said to have cost and deployment advantages over other floating platform approaches. The company behind the above-mentioned developments is Marine[…]
Swansea-based Marine Power Systems (MPS) has hit a £1.5m crowdfunding target in just two weeks since its launch and is now overfunding. These funds raised will support an initiative to generate clean energy from offshore winds and ocean waves. Marine Power Systems was founded by Swansea University graduates Dr Gareth Stockman and Dr Graham Foster[…]
More than £12m of EU funds will be invested in the next stage of a major initiative to generate clean energy from ocean waves, First Minister Mark Drakeford announced today. The funding will support the next stage of Swansea-based Marine Power Systems’ project to create and launch an underwater device that can provide clean, affordable[…]
UK marine energy technology development company Marine Power Systems (MPS) has successfully concluded a programme of sea testing for its prototype wave energy generator, WaveSub. Taking place in Cornwall at the marine test site FaBTest over the last 12 months, the test results prove the functionality of the 1:4 scale device across a range of[…]
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