There is a lot of excitement about Floating Offshore Wind 2021, taking place next week in Aberdeen. Firstly, a dedicated floating offshore wind event demonstrates how far the industry has come over the past decade and the market potential it presents. The conversation has quickly changed in that period from a position of ‘can it be[…]
MPS News
Marine Power Systems completed its crowdfunding campaign on Crowdcube last week. Receiving huge support from investors they reached their original target of £2m in just 48 hours of the fundraise opening and raised more than double that by the end of the campaign. Over 2,800 investors joined their mission to unlock the power of oceans[…]
Marine Power Systems have joined a consortium of major UK and US partners led by DNV, a world leading consultancy and advisor to the marine industry, to investigate the application of ‘wake steering’ to further optimise power output in floating offshore wind farms. In the UK, DNV, Durham University and Marine Power Systems combine expertise on wind resource,[…]
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[…]
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[…]
Welsh-based marine energy company Marine Power Systems (MPS) has expanded its board with the appointment of Andrew Diplock as non-executive director. Andrew Diplock has a successful career track record working across various technical, project management, commercial and leadership roles in corporates and start-up companies. A qualified chartered electrical engineer, Diplock has over 25 years of[…]