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Marine Power Systems On Track to Build a Full-scale Demonstrator Device in Wales

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[…]

PTO Search Begins as Wave Energy Developer Advances to Full-scale Device

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[…]

Successful Fundraising for Welsh Renewable Marine Energy Pioneer

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[…]

Marine Power Systems Awarded £4.3M to Accelerate Combined Wind and Wave Power Technology

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[…]

MPS Secures £12.8M EU Funds for Wave Power Project

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[…]

Marine Power Systems Completes Testing and Sea Trials of WaveSub Device

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[…]

Marine Power Systems Expands Board with Two New Appointments

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[…]

Increasing the UK’s Environmental Ambitions: Net Zero and Renewables

By Dr Gareth Stockman, Chief Executive Officer, Marine Power Systems (MPS) Since MPS launched its new tech offerings, DualSub and WindSub in April, we’ve witnessed a series of unprecedented events in the world of climate, politics and green business. From climate protests led by Extinction Rebellion which have pushed climate change right up the news agenda to the emergence[…]