Wave Energy Scotland (WES), a new research and development body funded by the Scottish Government, has opened a £7 million international technology innovation competition to advance wave energy solutions in the UK.
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A Shetland company will manufacture blades for a bank of tidal turbines to be supplied to Nova Innovation, which is developing five 100kW tidal turbines known as the Shetland Tidal Array.
Wave energy company Aquamarine Power has announced plans to slim down its business. The company originated the "Oyster" wave machine, now undergoing testing.
Siemens is to sell its marine energy company Marine Current Turbines, the company has announced, saying that the industry was growing too slowly and had too limited potential to maintain its investment.