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 News
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[…]
Marine renewables technology developer Marine Power Systems (MPS) has been awarded £4.3 million by the European Regional Development Fund to accelerate the development of a floating offshore wind and wave technology that could transform the opportunities for energy generation in deep water locations. The EDRF funding, which is part of a £6.2million project under the Cornwall and[…]
UK marine technology development company Marine Power Systems (MPS) will today confirm the appointment of two new members to its board; Sue Barr and Tom Kahan. Sue Barr’s extensive experience in offshore wind, wave and tidal industries will be a huge asset to the Swansea based marine tech company as it moves into a new[…]
Swansea-based wave energy tech company unveil plan to diversify into booming offshorewind sector. Two new devices seek to provide solutions to energy generation challenges in deep-sealocations. Wave energy technology developer Marine Power Systems (MPS) will today reveal its plans for expansion into the floating offshore wind sector with two devices that offer a viable solution[…]
Marine Power Systems (MPS) has successfully installed its prototype WaveSub wave energy converter at marine test centre FaBTest, marking the start of a new phase of sea-based testing. The WaveSub will now run through the final stages of on-site commissioning before energy generation tests kicks off later this summer. The arrival of the WaveSub at FaBTest[…]