3rd June 2008
Wave energy partnership to receive £500,000 investment from Technology Strategy Board
A partnership between Cornwall based wave energy developer Orecon, Peter Brotherhood Ltd - a world leader in the design and manufacture of turbines, Converteam - the UK's largest supplier of electrical systems to the renewable market and Cranfield University, is to receive a £500,000 grant from the Technology Strategy Board to carry out development work on Oscillating Water Column (OWC) technology, used in Orecon's wave energy buoys. Read More »
1st April 2008
RDA sets new timetable for Wave Hub
The South West RDA has confirmed a new timetable for the installation of the Wave Hub off Cornwall's north coast as it continues to seek best value for money for the... Read More »
3rd March 2008
Wave energy company Orecon raises $24 million cleantech investment
Orecon Limited ("Orecon") a wave energy device developer today announces the completion of its first institutional funding round led by Advent Venture Partners ("Advent Ventures"). A powerful syndicate of international VCs including Advent Ventures, Venrock, Wellington Partners and Northzone Ventures is investing a total of $24m. With the investment Orecon will build and deploy a full-scale device, then move on to commercial roll-out of its technology... Read More »