Spanish energy company Elecnor SA signed a Memorandum of Understanding (MOU) with the Australian ocean energy company, BioPower Systems, last week (29th October) to explore the development of wave energy projects in its core business regions; Spain, Portugal and South America. In announcing the deal Elecnor's Director of Business Development, Mr. A. Javier Esquivias, said that the company has developed a large international portfolio of wind and solar energy projects, and the extension into marine energy is a logical next step. "Wave energy is now emerging as a new clean energy source and we recognise many advantages if the right technology is used.

The Energy Technologies Institute has approved an £8 million project that will produce tools capable of accurately estimating the energy yield of major wave and tidal stream energy it was announced on Friday (30th  October). Performance Assessment of Wave and Tidal Array Systems (PerAWaT), a project led by Garrad Hassan, and including EDF Energy, EON, the University of Edinburgh, the University of Oxford, Queen's University Belfast and the University of Manchester will, says the ETI, develop a series of models to predict the performance of wave and tidal stream generator arrays.