Archive for November, 2009
The U.S. Department of Energy today announced that it has awarded Resolute Marine Energy, Inc. a Phase I SBIR grant to design an innovative system for automatically modifying the geometry of wave energy collectors in response to changing wave conditions.
“We’re pleased to, once again, be the recipient of DOE research & development funding,” Mr. Staby said. “The work we do in Phase I of this project will prove the feasibility of a system that may help improve the conversion efficiency, capacity factor and survivability of wave energy converters.”
The U.S. Department of Energy today announced that it has awarded Resolute Marine Energy, Inc. a Phase I SBIR grant to design and build an innovative system for a variable-geometry oscillating wave surge converter paddle.
"This project marks the development of a new Wave Energy Converter technology to provide power to the grid in the US. It also the first step in the design of our wave-driven desalination application" said Olivier Ceberio, RME's COO.
RME is a pioneer in the development and deployment of innovative solutions for producing power at sea. The company is initially focusing on building wave energy conversion (WEC) systems focused on specific commercial and government applications.
A panel of judges named RME a finalist in “The Perfect Pitch” competition at the “Juice 2.0” conference which was held November 13th and 14th in Camden, Maine. RME CEO Bill Staby remarked; “We were honored to participate in Juice 2.0!” “It is a brilliantly-conceived means for Maine to spark economic and cultural development in the state.”
The Juice Conference connects leaders of the creative economy to foster growth and prosperity. Weaving together the arts, technology, and entrepreneurship, Juice inspires innovation by bringing talented people together from widely different backgrounds to build on Maine’s traditions. Juice is a forum where attendees can learn, exchange ideas, share success stories and provide input to shape the development of strategies for Maine’s future.
RME named runner-up at the Ignite Clean Energy (ICE) competition and wins “Audience Choice” award at the WPI business plan competition
An RME team led by COO Olivier Ceberio delivered its final pitch to a large audience and media gathered at the Massachusetts State House on Boston’s Beacon Hill to witness the finals of the Ignite Clean Energy Competition (now Cleantech Open). Mr. Ceberio said, “While we didn’t take top prize, we’re pleased to have proven ourselves in one of the most competitive business plan contests in the world.” “What a thrill and what great experience!”
Concurrent with this event and following a presentation made by CEO Bill Staby to a large audience attending the WPI Venture Forum business plan competition in Worcester, MA on Tuesday evening, RME won the “Audience Choice” award yet did not manage to walk away with the top prize of $25,000 which was awarded by a judging panel comprised of three venture capital professionals. Mr. Staby remarked, “We are pleased our message of ‘doing well by doing good’ rings loud and clear but, at the same time, we’re disappointed that venture capital firms are reluctant to play in the socially responsible investment space.”
The Exemplar Law Group and H2O Waterways hosted William Staby, CEO of Resolute Marine Energy and Olivier Ceberio, COO of Resolute Marine Energy to present their breakthrough innovations in both wave power generation and on-shore sea water desalination. Though there are multiple applications for each technology, when combined, they offer a fast and efficient design capable of supplying thousands of gallons of drinking water per day to coastal communities in crisis. H2O Waterways Director Karen Biscoe said, “Imagine the incredible relief this could bring people in need under the worst of circumstances. Think post-Hurricane Katrina in the U.S. or post-Cyclone Nargis in Myanmar. The forces of nature not only bring forward all kinds of harsh lessons, they can ignite sparks of inspiration as well.”