Resolute Marine Energy Establishes European Operations in Ireland

September 15th, 2014

Resolute Marine Energy, Inc. (RME) recently completed the registration of its 100% owned subsidiary in Ireland, Resolute Marine Limited (RML). RML is based in Cork and will soon move its operations from Dublin to the Irish Maritime and Energy Resource Cluster (IMERC) campus at the National Maritime College of Ireland. “We’re very excited to start working more closely with our great partner network... 

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Resolute Marine Energy Establishes South African Subsidiary

September 15th, 2014

Resolute Marine Energy, Inc. (RME) recently completed the registration of its 100% owned subsidiary in the Republic of South Africa, Resolute Marine SA (Proprietary) Limited (RMESA). RME COO Olivier Ceberio commented, “We’ve been developing solid business relationships in South Africa for over 5 years and we feel it is now time to show our strong commitment to doing business there.” “South... 

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RME Completes Testing at Orion Energy Centre – Inverness, Scotland

April 14th, 2014

Resolute Marine Energy, Inc. (RME) recently completed a three week wave tank testing program at the Orion Energy Centre (OEC), a state-of-the-art wave tank in Inverness, Scotland. OEC’s facilities and expertise were used to carry out scale model wave tank testing on RMEs submerged flap-type wave energy converter, a device that has been specifically designed to operate in near-shore waves as opposed... 

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Nelson Mandela dead at 95

November 6th, 2013

"I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear" Nelson Mandela  Read More →

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RME Wins WAFCEF Award in West Africa

October 8th, 2013

Today RME was named the winner of the West Africa Forum for Clean Energy Financing (WAFCEF) award. Over 70 companies entered the competition and RME was selected after three rounds of rigorous review which included submission of business plans, responses to questions posed by judges and face-to-face presentations. The aim of WAFCEF is to facilitate investment in renewable energy infrastructure projects... 

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RME Retains Total Impact Advisors

September 4th, 2013

Today RME retained Bethesda, MD - based Total Impact Advisors (TIA) to assist in the placement of $8 million of the company’s Series B preferred stock with institutional investors. RME CEO Bill Staby said: “We are confident that TIA is the right firm to guide us through our first capital raise.” “Our team has labored very hard over the past 6 years to build RME to the point where it is an... 

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RME Wins Two U.S. Department of Energy Grants

August 30th, 2013

The U.S. Department of Energy’s Water Power Program has awarded two grants to RME as follows: 1. Advanced Controls: RME and project partners the University of Michigan and Re Vision Consulting LLC will develop a feedback control algorithm for RME’s wave energy converter device. The algorithms will factor in wave dynamics and local data, ultimately establishing a decision system sensitive to wave... 

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Vodia Ventures Invests in RME

August 15th, 2013

RME is pleased to announce that Concord, MA based Vodia Ventures has invested in a convertible note issued by the company. RME CEO Bill Staby said; “We are very pleased to be working with Vodia Ventures because our objectives are closely aligned i.e. to offer our investors excellent risk-adjusted financial returns while, at the same time, providing tangible social and environmental benefits.” About... 

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