MPS News

MPS Launch Crowdfunding Campaign on Crowdcube

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[…]

MPS Set Sights on Pre-commercial Multi-Megawatt Array at EMEC, Orkney

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[…]

MPS to Deploy Commercial Megawatt Scale Device at BiMEP, Spain

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[…]