Press release
Wave and Tidal Energy Market Is Likely to Experience a Tremendous Growth by 2029
Further, in October 2021, Mitsui O.S.K. Lines, Ltd. (MOL) announced that its proposed wave power project in Mauritius had been chosen for subsidy programmes run by Japan's Ministry of Economy, Trade, and Industry (METI). Furthermore, MOL stated that since Mauritius has developed a roadmap to increase the percentage of renewable energy to 35% or 40% by 2030, and has identified wave power as one of the future power sources.
Additionally, in January 2021, MOL signed a deal with Bombora Wave Power to assess the wave energy business' prospects in Japan and Asia. According to MOL, both companies are conducting research in Mauritius to find wave energy potential utilising Bombora's mWaveTM energy converter and site selection with care for the natural environment using digital technologies and geographic information system (GIS). In August 2021, The US Department of Energy (DOE) has awarded a grant to Ocean Power Technologies (OPT), a wave energy solutions provider, to allow them create a next-generation wave energy converter. According to the DOE's announced awards for clean energy Small Business Innovation Research (SBIR) projects, OPT will receive up to $197,203 to conduct a preliminary conceptual design and feasibility study for a modular and scalable small-scale Mass-on-Spring Wave Energy Converter (MOSWEC) PowerBuoy for powering autonomous ocean monitoring systems.
To Request a Sample of our Report on Wave and Tidal Energy Market: https://www.omrglobal.com/request-sample/wave-and-tidal-energy-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Technology
By End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Ocean Power Technologies, Seabased, Verdant Power Inc., Blue Water, and Bigmoon Power among others.
A full Report of Wave and Tidal Energy Market is Available @ https://www.omrglobal.com/industry-reports/wave-and-tidal-energy-market
Wave and Tidal Energy Market Segmentation
By Technology
Tidal Stream Generator
Oscillating Water Columns
Barrage
Others
By End-User
Residential
Commercial
Industrial
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Company Profiles
AAWW - Energy Oy
ANDRITZ AG.
Aquanet Power
Biopower Systems Pty. Ltd.
Blue Water
Carnegie Clean Energy
CorPower Ocean AB
Eco Wave Power Global AB
European Marine Energy Centre Ltd.
Minesto AB
Nova Innovation Ltd.
Orbital Marine Power
Pacific Northwest National Laboratory
SIMEC Atlantics Energy
Tidal Lagoon Power Ltd
TOCARDO B.V
Verdict Media Ltd.
Wello OY
Yam Pro Energy
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/wave-and-tidal-energy-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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