Good News Notes: “Many have tried to harness the ocean’s power to generate electricity, resulting in several embarrassing failures and little tangible success. Startup Eco Wave Power hopes to transcend that tempestuous legacy with a radically simple idea: capture the ocean’s energy closer to shore. This approach sacrifices the greater energy potential of larger offshore waves, but…
Tag: kinetic energy
Gravity-based renewable energy storage tower for grid-scale operations
Good News Notes: “Energy Vault, maker of the EVx gravitational energy storage tower, has secured $100 million in series C funding. The investment was led by Prime Movers Lab, with additional participation from SoftBank, Saudi Aramco, Helena, and Idealab X. The company said capital raised will support plans to ramp up deployments of the EVx platform for customers in…
Orbital Marine Power of Scotland is pursuing ocean energy technologies.
Good News Notes: “Scotland is the source of many great exports: scotch (of course), Gordon Ramsay, and the Young brothers of iconic rock group AC/DC. Its next gift to the world might be a way to harness renewable energy from the ocean. In April, Scottish-based Orbital Marine Power launched the O2, the world’s most powerful tidal turbine, to…