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Consortium including Eco Wave Power, Toshiba, Hitachi Energy, and UK Universities Secure £1.5 Million Grant to Develop Wave-Powered Microgrid for Island in Thailand

Retrieved on:

Thursday, February 8, 2024

Electricity, Hitachi, Economics, PEA, AIT, University, Quality of life, TEL, Organization, University of Manchester, Innovate UK, Innovation, QMUL, Research, WEC, EWP, Renewable energy

TEL AVIV, Israel, Feb. 8, 2024 /PRNewswire/ -- Eco Wave Power Global (Nasdaq: WAVE) ("Eco Wave Power" or the "Company" or "EWP"), a leading, publicly traded onshore wave energy company, is pleased to announce that it has won a £1.5 million grant (the "Grant") as part of a consortium led by Toshiba (U.K.) and Aquatera (U.K.) to design a pilot microgrid project for a remote island in Thailand.

Key Points:

The £1.5 million grant is part of Innovate UK's Energy Catalyst program Round 10, which supports U.K. and international businesses and organizations in developing market-focused technologies that provide clean, affordable and accessible energy..
The consortium will utilize the onshore Wave Energy Converters (WECs) developed by EWP and implement advanced technology developed by the corporate partners and the university teams.
Professor Guang Li, of the University of Manchester, said: "This is a second grant from Innovate UK for the development and commercialization of the Eco Wave Power's technology.
I also believe with our great partners we can achieve all of our objectives in this project".

Zynga and Automobili Lamborghini S.p.A. Announce Multi-year Deal Making CSR Racing Official Partner of Lamborghini’s Squadra Corse Racing Team

Retrieved on:

Wednesday, January 24, 2024

Over 30 Lamborghini cars have previously appeared in the CSR2 mobile game, and the complementary partnership adds content to both parties, putting the CSR2 brand on the cars, drivers, and teams of Lamborghini Squadra Corse while continuing to add Lamborghini cars to CSR2.

Key Points:

Over 30 Lamborghini cars have previously appeared in the CSR2 mobile game, and the complementary partnership adds content to both parties, putting the CSR2 brand on the cars, drivers, and teams of Lamborghini Squadra Corse while continuing to add Lamborghini cars to CSR2.
Over 30 Lamborghini cars have previously appeared in the CSR2 mobile game, and the complementary partnership adds content to both parties, putting the CSR2 brand on the cars, drivers, and teams of Lamborghini Squadra Corse while continuing to add Lamborghini cars to CSR2.
(Photo: Business Wire)
For the first time in the company’s history, Lamborghini will enter the FIA Hypercar and IMSA GTP class.
The Lamborghini Squadra Corse will enter 12 races globally across the FIA and IMSA championships in 2024.

WEC Energy Group to announce 2023 fourth-quarter and year-end financial results Feb. 1

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Thursday, January 25, 2024

WEC Energy Group, Webcast, Peoples Energy, Siemens Energy AG, Fortune 500, WEC, Plant, News, Cryptocurrency

MILWAUKEE, Jan. 25, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 1.

Key Points:

MILWAUKEE, Jan. 25, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 1.
A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time.
Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time Feb. 1.
The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources.

TOYOTA GAZOO Racing and Lexus to Exhibit at Tokyo Auto Salon 2024

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Tuesday, December 26, 2023

TGR, Super Taikyu Series, WEC, AE86, Super GT, Toyota, SUPER, Makuhari Messe, Tokyo Auto Salon, Rally Championship, CP, FIA, Motorsport, Akio Toyoda, Carbon, WRC

Toyota City, Japan, Dec 26, 2023 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) and Lexus plan to exhibit at Tokyo Auto Salon 2024*1 to be held at Makuhari Messe (in Chiba City, Japan) for three days from January 12 to 14, 2024.

Key Points:

Toyota City, Japan, Dec 26, 2023 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) and Lexus plan to exhibit at Tokyo Auto Salon 2024*1 to be held at Makuhari Messe (in Chiba City, Japan) for three days from January 12 to 14, 2024.
Displays are to be held under the banner of "Getting more passionate about cars with car lovers", and Toyota Motor Corporation Chairman Akio Toyoda, a.k.a.
The TGR and Lexus displays are to feature vehicles and parts under such themes as "Beloved cars", "Customization", and "Motorsports".
During the event, TGR and Lexus also plan to hold talk sessions featuring racing drivers and development engineers, as well as demo runs.

TOYOTA GAZOO Racing Presents new-look cars for WRC and WEC in 2024

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Tuesday, December 12, 2023

GR010, WEC, Hatred, TGR, Formula One, WRC, FIA, The Great Gazoo

Toyota City, Japan, Dec 12, 2023 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) has unveiled the new livery for the cars that will compete in the FIA World Rally Championship and FIA World Endurance Championship in the 2024 season.

Key Points:

Toyota City, Japan, Dec 12, 2023 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) has unveiled the new livery for the cars that will compete in the FIA World Rally Championship and FIA World Endurance Championship in the 2024 season.
There are two concepts for the all-new matt black livery for the GR YARIS Rally1 HYBRID and the GR010 HYBRID, which compete in the respective FIA World Championships.
The other one is the "Prototype" which represents making ever-better motorsports-bred cars and to keep evolving.
The new livery will be used not only in the WRC and the WEC, but also in other competitions in which TOYOTA GAZOO Racing participates.

Vista AF Corse to compete in 2024 FIA World Endurance Championship with two Ferrari 296 LMGT3s

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Monday, December 11, 2023

Partnership, WEC, Championship, Ferrari, AF Corse, F1, Le Mans

The world’s leading private aviation group, Vista, and multi-winning AF Corse expand their partnership for the 2024 FIA World Endurance Championship (WEC);

Key Points:

The world’s leading private aviation group, Vista, and multi-winning AF Corse expand their partnership for the 2024 FIA World Endurance Championship (WEC);
Two Ferrari 296 LMGT3 cars will contest as Vista AF Corse;
Exciting new era for the Championship with nine manufacturers competing and the highest-profile driver line-up since inception.
Milan, December 11, 2023: Ahead of the upcoming 2024 FIA World Endurance Championship (WEC), the multi-winning AF Corse and Vista team announces its exciting new line up — with two Ferrari 296 LMGT3 cars contesting the Championship in the LMGT3 class as Vista AF Corse, in the iconic silver and red livery.
Thomas Flohr, Vista AF Corse driver and Vista’s Founder and Chairman, commented: “FIA WEC is at an incredible inflection point — with nine car manufacturers joining WEC GT in 2024, competing in what is next to F1 the highest level of motorsport, a true world championship.
To represent Ferrari with the two competing cars is a big honor and responsibility for the Vista AF Corse team.

Öhlins Racing Returns to Essen Motor Show with Expanded Range of Leading-Edge Suspension Products

Retrieved on:

Thursday, December 7, 2023

Marketing, BMW, BMW M2, TTX, Road & Track, Messe Essen, WEC, Rally, Essen Motor Show, The central science, GT3, Rallycross, DFV, LMS, 24 Hours, Audi, Motorsport, Cassette tape

UPPLANDS VÄSBY, Sweden, Dec. 07, 2023 (GLOBE NEWSWIRE) -- For the first time in 10 years, Tenneco’s world-renowned Öhlins Racing business is returning to the Essen Motor Show, now through December 10 at Messe Essen, and it’s bringing a dramatically expanded range of leading-edge suspension products for today’s most discerning tuning and racing enthusiasts.

Key Points:

UPPLANDS VÄSBY, Sweden, Dec. 07, 2023 (GLOBE NEWSWIRE) -- For the first time in 10 years, Tenneco’s world-renowned Öhlins Racing business is returning to the Essen Motor Show, now through December 10 at Messe Essen, and it’s bringing a dramatically expanded range of leading-edge suspension products for today’s most discerning tuning and racing enthusiasts.
In addition to its industry-leading Road & Track, Advanced Track Day and Motorsport series suspension technologies, Öhlins will display two of the show’s most impressive tuning and racing vehicles – each equipped with Öhlins technologies.
“The Essen Motor Show is a must-see event for anyone who wants to explore the latest and best technologies for the tuning and racing markets,” said Robert Brinkmark, director of sales and marketing, Öhlins Racing.
To learn more about these and other leading-edge suspension products, stop by the Öhlins exhibit (Hall 3, Stand B24) at the Essen Motor Show, contact your local Öhlins retailer or visit www.ohlins.com .

Oscilla Power Successfully Launches Demonstration Scale TritonTM Wave Energy Converter (WEC) on Maine Coast

Retrieved on:

Tuesday, December 5, 2023

Partnership, Sailor, Wind, WEC, Engineering, Research, MMA, University, DOE, ASCC, Assistant, Environment, Renewable energy

CASTINE, Maine, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Wave energy technology developer Oscilla Power , the University of Maine’s Advanced Structures & Composites Center (ASCC) and the Maine Maritime Academy successfully deployed a 1/6 scale prototype of Oscilla’s 1 MW Triton™ wave energy converter (WEC) in Castine Harbor.

Key Points:

CASTINE, Maine, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Wave energy technology developer Oscilla Power , the University of Maine’s Advanced Structures & Composites Center (ASCC) and the Maine Maritime Academy successfully deployed a 1/6 scale prototype of Oscilla’s 1 MW Triton™ wave energy converter (WEC) in Castine Harbor.
This is a critical milestone in the design.”
Oscilla Power’s Triton wave energy converter will make ocean wave energy a viable resource that can complement solar and wind in many locations worldwide including the U.S. West Coast.
"We are pleased to support Oscilla Power by designing and fabricating the wave energy converter's hull at UMaine's Advanced Structures and Composites Center.
“It is exciting to see Oscilla Power test the scaled prototype of its Triton wave energy converter in real world conditions and take an important step toward realizing the potential of marine energy.”

Global Wave Energy Converter Industry Report 2023: Market Size, Share, Trends, Opportunity, and Forecast, 2018-2028 - ResearchAndMarkets.com

Retrieved on:

Wednesday, December 13, 2023

Alternative Energy, Energy, Utilities, Research, Climate change, Organization, Oyster wave energy converter, USD, Health, Compound annual growth rate, Water, WEC, Growth, Electricity, Wave power, Renewable energy

The "Global Wave Energy Converter Market - Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Global Wave Energy Converter Market - Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering.
The Wave Energy Converter (WEC) market constitutes a specialized segment within the renewable energy sector, focusing on the research, development, manufacturing, deployment, and commercialization of technologies explicitly designed to harness the kinetic and potential energy present in ocean waves and transform it into electrical power.
The primary objective of the WEC market is to contribute significantly to the global transition toward cleaner and more sustainable energy sources.
As governments and organizations around the globe intensify their endeavors to combat climate change and decrease greenhouse gas emissions, the Wave Energy Converter market assumes a pivotal role.

Global Wave Energy Converter Market Trends, Opportunity, and Forecast, 2018-2022 and 2023-2028: Government Policies, Increasing Focus on Energy Security and Rising Environmental Awareness

Retrieved on:

Wednesday, December 13, 2023

This market encompasses a diverse array of WEC technologies, including point absorbers, oscillating water columns, attenuators, and other innovative designs.

Key Points:

This market encompasses a diverse array of WEC technologies, including point absorbers, oscillating water columns, attenuators, and other innovative designs.
The primary objective of the WEC market is to contribute significantly to the global transition toward cleaner and more sustainable energy sources.
Wave energy is recognized as a highly promising source of renewable energy due to its predictability, consistent availability, and minimal environmental footprint when compared to fossil fuels.
Growing Energy Demand and Renewable Energy Goals:
Global energy demand rising due to population growth and industrialization.