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Orbital Marine Power scoops Best Innovation Award 2018

At the Scottish Green Energy awards in Edinburgh last night (Dec 6th), Orbital Marine Power’s pioneering SR2000 tidal turbine scooped the Best Innovation Award after generating more power in one year than had been produced by Scotland’s entire wave and tidal energy sector in the 12 years prior to its launch.
 
Andrew Scott, Orbital Marine Power’s CEO said:

“It’s fantastic news that the judging panel selected us to win this prestigious award from a very high quality shortlist. It’s great recognition for the Orbital Marine team which has worked so hard over the years to deliver a new, truly innovative renewable energy technology. Coming at the end of what has been a very successful year for the company, this award is a tremendous confidence boost for the team, as we look forward to starting work next year on the construction of the O2, our next generation commercial production tidal turbine, scheduled for deployment at EMEC in 2020.”

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SR2000 on site at European Marine Energy Centre, Orkney 

 

Video produced in April 2018 summarising achievements of test programme

Media contacts at Orbital Marine Power

James Murray, Business Development Manager: 01856 851641 / This email address is being protected from spambots. You need JavaScript enabled to view it.

Paul Taylor, Taylor Keogh Communications: 020 8392 8250 / This email address is being protected from spambots. You need JavaScript enabled to view it.

For Scottish media enquiries, David Budge: 0141 249 0396 / This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

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PRESS RELEASE: Orbital Marine Power signs agreement with Menter Môn for Anglesey tidal array project.

Anglesey has received a further boost to its ambition to become a centre of excellence for tidal stream energy as Orbital Marine Power, the leading Scottish based tidal technology developer, has signed an agreement to demonstrate its award-winning floating tidal technology at the Morlais Tidal Energy Project.

The agreement with Menter Môn, the not for profit developers of the project, would see a commercial scale tidal array of Orbital’s recently unveiled ‘O2’ 2MW tidal turbine which Orbital believes will be the most powerful tidal generating platform in the world.   Each 2 MW unit is capable of producing electricity equivalent to the demands of 1,500 typical UK homes. 

The Morlais Tidal Energy Project is being developed with part funding by the European Regional Development Fund through the Welsh Government, to facilitate commercial deployments of a range of tidal energy technologies and has the potential to create one of the largest tidal stream energy sites in the world.   Menter Môn was first awarded rights to develop the site from the Crown Estate in 2014.  The Morlais project has secured a grid connection offer and following completion of environmental assessments, a consent application is due to be submitted in mid 2019.  

Gerallt Llywelyn Jones, Director with Morlais said: “This is great news for us and shows that there is confidence in what we are aiming to achieve in Anglesey. Orbital Marine Power has a great reputation for innovation in this sector and we are delighted to be working closely with them.

“One of our key aims is to secure maximum benefit in Anglesey through the project, by generating income that can be re-invested into our other development and job creation initiatives. Orbital’s floating tidal technology is designed around the use of locally based workboat vessels and service teams for all installation and maintenance requirements and we therefore believe they will be a great fit towards meeting our objectives”

Orbital Marine’s CEO Andrew Scott said, “The Morlais project gives us line of sight to a commercial and scalable tidal energy array in UK waters. The concentration of tidal energy off the coast here, supported by great infrastructure in North Wales, makes this an ideal location to build out a new marine industry that can create new demand for skills and services both locally and further afield. So we are delighted to be working with the Morlais team to help realise the tidal power opportunity that exists in Anglesey’s waters.”

Also attending the signing, Rhun ap Iorwerth, Assembly Member for Anglesey said: “Having yet another innovative energy partner coming on board is a big boost for the Morlais project and is great news for Anglesey.  I’m proud of the work that Menter Môn is doing here on the island through Morlais, which has huge potential to put us on the map as a hub for tidal stream energy.”

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Morlais Director Gerallt Llywelyn Jones and Orbital Marine Power CEO Andrew Scott

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Morlais Director Gerallt Llywelyn Jones, Orbital Marine Power CEO Andrew Scott and Rhun ap Iorwerth Assembly Member for Anglesey.

Media contacts at Orbital Marine Power

James Murray, Business Development Manager: 01856 851641 / This email address is being protected from spambots. You need JavaScript enabled to view it.

Paul Taylor, Taylor Keogh Communications: 020 8392 8250 / This email address is being protected from spambots. You need JavaScript enabled to view it.

For Scottish media enquiries, David Budge: 0141 249 0396 / This email address is being protected from spambots. You need JavaScript enabled to view it.

 Notes to Editor:

  • Menter Môn is a social enterprise which works across north Wales to deliver a range of regeneration, environmental and cultural projects for the benefit of local communities. By working in partnership with government, the third sector, business and individuals, Menter Môn attracts funding from different sources to add value and to contribute to creating a sustainable future.
  • Menter Môn was first awarded rights to develop the Zone from the Crown Estate in 2014. The Morlais project has secured a grid connection offer and following completion of environmental assessments, a consent application is due to be submitted mid 2019.
  • Orbital Marine Power Ltd (formerly named Scotrenewables Tidal Power Ltd) is an innovative Scottish engineering company focused on the development of a tidal energy turbine technology with the potential to produce a step-change reduction in the cost of energy from tidal currents. The company’s novel floating technology offers a low cost solution for simplified and safe manufacture, installation, access and maintenance along with the ability to use low cost, small workboats for all offshore operations. The company currently employs 24 staff with offices in Orkney and Edinburgh.
  • The Orbital Marine technology has been under continuous engineering development, including rigorous testing of scaled systems in both tank conditions and open ocean environments, since the company was founded in Orkney in 2002.
  • In 2016 the company launched the SR2000, the world’s most powerful tidal stream turbine. The SR2000 produced in excess of 3GWh of electricity over its initial 12 month test programme.
  • Orbital’s upcoming production model, the Orbital O2 2MW is being supporting by grant funding support from the European Horizon2020 FloTEC: Floating Tidal Energy Commercialisation project, Interreg NWE Integrating Tidal Energy Generation (ITEG) and the OCEANERA-NET COFUND.
  • The Orbital O2 2MW will also be funded through a live debenture offer on Abundance Investment, a leading direct investment platform.
  • An animation of the Orbital O2 2MW is available to view here: https://youtu.be/9hN3dBpPu8Q. Footage available on request.
  • On 14th November 2018, Orbital Marine Power’s pioneering engineering work was awarded two awards by the Institution of Engineering and Technology: the Power and Energy Innovation Award and the Innovation Award for Model-Based Engineering.

 

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PRESS RELEASE: Orbital Marine Power unveils design for world’s most powerful tidal turbine.

Orbital O2 at EMEC animation

2020 target date for deployment at EMEC.

Orbital Marine Power has revealed the designs of its upcoming commercial production tidal turbine, the Orbital O2 2MW, which is targeted to be deployed at the European Marine Energy Centre (EMEC) in Orkney in 2020.

Andrew Scott, CEO of Orbital Marine Power said “The Orbital O2 is a low cost solution for future commercial projects and builds on the features which made the SR2000 an industry breakthrough.  This optimised turbine will unlock tidal markets around the world at a competitive price point and provide regulators and investors with a new, predictable renewable energy option.”

The Orbital O2 will comprise of a 73m long floating superstructure, supporting two 1 MW turbines at either side for a nameplate power output of 2MW, at a tidal current speed of 2.5 m/s.  With rotor diameters of 20m, it will have a 600sq metre rotor area, the largest ever on a single tidal generating platform to date.  Orbital Marine believes that, when launched in 2020, it will be the most powerful tidal generating platform in the world.  

This first production unit will be funded with support from a live public debenture offer through the Abundance Investment platform, along with the European Horizon2020 and Interreg North West Europe innovation programmes. The debenture offer has already raised close to 50% of its £7m target.

The Orbital O2 has been designed for low cost access to all systems and components, the vast majority of which are located within the floating superstructure for simple onsite maintenance as per the SR2000.  The machine will also feature new ‘gull wing’ style retractable legs that raise the nacelles, pitch hubs and blades to the water surface for easy access without the need for any specialist heavy lift vessels.

The steel structure of the turbine has been simplified to reduce fabrication costs and futureproof the product for volume manufacturing.  The new configuration also reduces the draught of the unit to less than 3m to ensure this utility scale machine can be towed and installed with modest sized workboats.

For the first time, Orbital Marine Power’s system will feature 360 degree blade pitching control. This will allow safe, dynamic control of the machine’s 20m rotors and will enable power to be captured from both tidal directions without need to yaw the entire platform.   These controllers will support the installation of even larger blades in the future.

An animation of the Orbital O2 2MW is available to view here: https://youtu.be/9hN3dBpPu8Q 

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Media contacts at Orbital Marine Power

James Murray, Business Development Manager: 01856 851641 / This email address is being protected from spambots. You need JavaScript enabled to view it.

Paul Taylor, Taylor Keogh Communications: 020 8392 8250 / This email address is being protected from spambots. You need JavaScript enabled to view it.

For Scottish media enquiries, David Budge:  0141 249 0396 / This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Notes to Editor:

ABOUT ORBITAL MARINE POWER LTD

Orbital Marine Power Ltd (formerly named Scotrenewables Tidal Power Ltd) is an innovative Scottish engineering company focused on the development of a tidal energy turbine technology with the potential to produce a step-change reduction in the cost of energy from tidal currents. The company’s novel floating technology offers a low cost solution for simplified and safe manufacture, installation, access and maintenance along with the ability to use low cost, small workboats for all offshore operations. The company currently employs 24 staff with offices in Orkney and Edinburgh.

The Orbital Marine technology has been under continuous engineering development, including rigorous testing of scaled systems in both tank conditions and open ocean environments, since the company was founded in Orkney in 2002.

In 2016 the company launched the SR2000, the world’s most powerful tidal stream turbine. The SR2000 produced in excess of 3GWh of electricity over its initial 12 month test programme.

The Orbital O2 is being supporting by grant funding support from the European Horizon2020 FloTEC: Floating Tidal Energy Commercialisation project, Interreg NWE Integrating Tidal Energy Generation (ITEG) and the OCEANERA-NET COFUND.

The Orbital O2 will also be funded through a live debenture offer on Abundance Investment, a leading direct investment platform.

Go to www.orbitalmarine.com

ABOUT ABUNDANCE INVESTMENT ( www.abundanceinvestment.com )

Abundance is a leading direct investment platform that is putting people in control of their money. People invest in individual projects that generate something good for the environment and society as well as bank-beating returns.

The investor chooses which project or business to invest in from just £5 and benefits from a financial return, while the world benefits from the growth of sustainable businesses.

Since launching in 2012, more than 5250 people have invested £79m directly into the projects they support via the Abundance platform, with over £12m returned to investors. In the process, Abundance has achieved a number of firsts. As well as being the world’s first FCA-regulated peer-to-peer investment company, it is also the first investment platform to offer a dedicated peer-to-peer investment SIPP and launched the UK’s first innovative finance ISA for renewable energy investments on November 1st 2016.

Abundance and Abundance Investment are trading names of Abundance Investment Ltd which is authorised and regulated by the Financial Conduct Authority (no. 525432).

Link to Orkney Marine Power (Orbital O2) fundraising page : https://www.abundanceinvestment.com/investments/orbital-marine-power-orkney

Risk Warning: As with any investment product there are risks. Part or all of your original invested capital may be at risk and any return on your investment depends on the success of the project invested in. You should be prepared to hold Abundance investments for their full term (and many will have terms of more than 15 years). Abundance investments may not be readily realisable (and their value can rise or fall). They may be secured or unsecured, and where they are secured this does not ensure repayment. Estimated rates of return can be variable and estimates are no guarantee of actual return. Specific risks will apply in relation to each product. Consider all risks before investing and read the Offer Document for each investment.

 

 
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PRESS RELEASE: Orbital Marine Power win twice at prestigious IET Awards

ISSUED 15/11/2018.

Orbital Marine Power’s pioneering engineering work was recognised not once but twice at the Institution of Engineering and Technology annual achievements awards in London last night.

The prestigious awards ceremony saw leading engineering projects and professionals from around the globe nominated for outstanding achievements in key areas of innovation. Orbital Marine Power were shortlisted in a total of 3 categories and on the night were successful in being selected as winners of both the Power and Energy Innovation Award as well as Innovation Award for Model-Based Engineering.

Commenting on the awards CEO Andrew Scott said: “We are honoured to have been selected from amongst such great nominations, and I’m really proud for the whole team at Orbital Marine. They have worked so hard over recent years, under some immense pressure, and through it all have been steadfast and professional in their delivery of a new and truly innovative renewable energy technology – this is some well-deserved recognition for them.”

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Orbital IET Awards

Andrew Harrison and Chris McGee accepting the awards on behalf of Orbital Marine Power

Media contacts at Orbital Marine Power

James Murray, Business Development Manager: 01856 851641 / This email address is being protected from spambots. You need JavaScript enabled to view it.

Paul Taylor, Taylor Keogh Communications: 020 8392 8250 / This email address is being protected from spambots. You need JavaScript enabled to view it.

For Scottish media enquiries, David Budge: 0141 249 0396 / This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Notes to Editor:

ABOUT ORBITAL MARINE POWER LTD    www.orbitalmarine.com                                        

  • Orbital Marine Power Ltd (formerly named Scotrenewables Tidal Power Ltd) is an innovative Scottish engineering company focused on the development of a tidal energy turbine technology with the potential to produce a step-change reduction in the cost of energy from tidal currents.
  • The company’s novel floating technology offers a low cost solution for simplified and safe manufacture, installation, access and maintenance along with the ability to use low cost, small workboats for all offshore operations.
  • The company currently employs 24 staff with offices in Orkney and Edinburgh.
  • The Orbital Marine proprietary technology has been under continuous engineering development since the company was founded in Orkney in 2002.
  • In 2016 the company launched the 2MW SR2000, the world’s most powerful tidal stream turbine. The SR2000 produced in excess of 3GWh of electricity over its initial 12 month test programme.