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Resolute Marine could win €500k in international sustainable entrepreneurship competition

July 18th, 2018

Resolute Marine is one of the 25 start-ups that have made it through the first stage of Postcode Lottery Green Challenge, an annual competition organized by the Dutch Postcode Lottery to provide a helping hand to entrepreneurs starting sustainable businesses. The winner will receive €500,000 to further develop their product or service and bring it to market. The runner-up receives €200,000 and three other finalists will win €100,000 each.

"This is a fantastic news" said Olivier Ceberio, COO, "The Postcode Lottery Green Challenge is an incredible opportunity for us to increase awareness about our Wave2O technology and how it can help solving the global water crisis!"

The international competition saw applications from 100 countries from all over the world, with Europe, Asia, Africa and North and South America all represented with entrepreneurs in the top 25.
The diverse group of start-ups that have made it into the top 25 include plans to stop plastic reaching the sea, to make storage of renewable energy more efficient, and to combat water scarcity around the world. They show the broad range of ways businesses can make a positive impact on the planet, while also being successful. The five finalists will be announced in mid-August, and will then present their pitches to a jury on 13 September in Amsterdam, where the winner will be announced.

Last year, Rwandan start-up EarthEnable won the competition with its idea to produce sustainable, affordable, clean, and waterproof earthen flooring. This means people in developing countries can move away from unhygienic dirt floors without relying on the expensive and unsustainable alternative of cement.

For more information, please visit www.greenchallenge.info

Video about Resolute Marine

July 10th, 2018

Resolute Marine Exhibits at Oceanology International

March 12th, 2018

In partnership with The Maritime Alliance and the U.S. Department of Commerce, Resolute Marine was chosen as one of a delegation of 15 marine technology companies to participate in the 24th edition of the Oceanology International conference and exhibition which is being held at the Excel Center (London) on March 13 – 15, 2018. Resolute will also participate in a follow-on blue tech trade mission which will make stops in France, Italy, Spain and Portugal.
Resolute Marine CEO Bill Staby commented: “This gives us an opportunity to promote our life-saving desalination technology to a broader audience and to participate in B2B matchmaking events wherein we will seek to develop valuable strategic partnerships. We are very grateful to The Maritime Alliance for organizing this series of events and look forward to further collaborations with them in future.”

About Resolute Marine: Resolute Marine is commercializing the world’s first wave-driven desalination system (trade named “Wave2OTM”) that operates solely on mechanical power and thus requires no connections to an electrical grid. Wave2OTM will bring clean, affordable, reliable, and safe water to populous coastal communities in the grip of the global water crisis.

About the Maritime Alliance: The Maritime Alliance (TMA) is the non-profit industry association for the largest BlueTech cluster in the United States. Located in San Diego, California, TMA focuses on business ecosystem development, economic development and workforce development by bringing together academia, industry and government. TMA is a membership based organization comprised of some of the world's leading ocean and water technology companies who work together to promote collaboration, innovation and an international Blue Voice.

Resolute Marine Limited Wins Horizon 2020 Grant

January 1st, 2018

The European Union recently awarded Resolute Marine Limited a €50k SME Instrument Phase 1 grant for a project entitled “Demonstration of the economic feasibility of a wave powered desalination system.” The grant will enable Resolute to upgrade the financial models associated with the deployment of its first Wave2OTM project in Cape Verde and will complement the site characterization studies financed by the African Development Bank that are now underway. COO Olivier Ceberio commented: “we’re very excited to have won this award but it is particularly meaningful because it is an endorsement of our growth strategy in Europe.”

About Resolute Marine Limited (RML): Resolute Marine Limited (Ireland) is commercializing the world’s first wave-driven desalination system (trade named “Wave2OTM”) that operates solely on mechanical power and thus requires no connections to an electrical grid. RML is a 100% owned subsidiary of Resolute Marine Energy, Inc.

About the H2020 SME Instrument Program: The SME Instrument is part of the European Innovation Council (EIC) pilot that supports top-class innovators, entrepreneurs, small companies and scientists with funding opportunities and acceleration services. Provided with about € 1.6 billion in funding over the period 2018-2020, the SME Instrument supports groundbreaking innovative ideas for products, services or processes that are ready to conquer global markets. Available to SMEs only, the new scheme offers phased, progressive and complementary support to the development of out-of-the-box ideas.

Resolute Marine Launches Feasibility Studies in Cape Verde

September 12th, 2017

Pursuant to a Sustainable Energy for Africa (SEFA) grant awarded to Resolute by the African Development Bank (AfDB) to cover certain pre-deployment costs associated with Resolute’s W2O Project, several requests for expressions of interest (REOI) were released today by the AfDB and are available for review using the web links provided below. The REOIs pertain to a series of feasibility studies which will take place at the proposed W20 Project deployment site in Praia Grande, Sao Vicente, Cabo Verde and for capacity building initiatives to be undertaken in partnership with the Cape Verde National Institute of Fisheries - Instituto Nacional de Desenvolvimento das Pescas (INDP).

Interested parties can access the REOIs using the following weblinks:

https://www.devbusiness.com/ProjectViewer.aspx?ProjectID=76299&ProjectType=1

https://www.devbusiness.com/ProjectViewer.aspx?ProjectID=76300&ProjectType=1

https://www.devbusiness.com/ProjectViewer.aspx?ProjectID=76301&ProjectType=1

 

“We have been working in Cape Verde for many years and the recent award of a SEFA grant from the AfDB has enabled us to embark on these critical studies in partnership with INDP,” said Resolute Marine COO, Olivier Ceberio. “We’re pleased to be working with INDP and are very excited about the growth opportunities available to us in Cape Verde once we get this, our first project in Africa, up and running.”

 

Resolute Marine’s Cape Verde based Project Coordinator, Oscar Melicio, said, “One of the biggest benefits for Cape Verde is that this project includes personnel training and equipment purchases that will allow INDP to conduct state-of-the-art bathymetric and geotechnical studies as well as wave energy resource assessments in full compliance with international standards.”

Resolute Marine and INDP sign Memorandum of Understanding

August 2nd, 2017

IMG_03082017_181854_0Resolute Marine and the Cape Verde National Institute for Fisheries (INDP) today signed a Memorandum of Understanding regarding site characterization and resource assessment studies that will take place at Praia Grande on the island of Sao Vicente. The Praia Grande site has been targeted as an ideal location for a commercial demonstration of Resolute’s wave-powered desalination technology, Wave2OTM. These initiatives are funded by a Sustainable Energy for Africa (SEFA) grant from the African Development Bank (AfDB).

“We have been working in Cape Verde for many years and the recent award of a SEFA grant from the AfDB has enabled us to embark on these critical studies in partnership with INDP,” said Resolute Marine COO, Olivier Ceberio. “We are pleased to be working with INDP and are very excited about the growth opportunities available to us in Cape Verde once we get this, our first project in Africa, up and running.”

Resolute Marine’s Cape Verde based Project Coordinator, Oscar Melicio, said, “One of the biggest benefits for Cape Verde is that this project includes personnel training and equipment purchases that will allow INDP to conduct state-of-the-art bathymetric and geotechnical studies as well as wave energy resource assessment in full compliance with international standards.”

Resolute wins DOE Phase I SBIR award

July 14th, 2017

Resolute Marine was recently awarded a $150k Phase I SBIR award by the U.S. Department of Energy for its project entitled “Wave-Powered Desalination System.” RME CEO Bill Staby commented; “we’re pleased to have won the award but it is particularly meaningful to Resolute because it is an endorsement of our strategy to focus on fresh water production as a commercially viable application for wave energy.”

About Resolute Marine: Resolute Marine has developed a unique technology that harnesses ocean wave energy to produce clean fresh water for customers in off grid areas of the world. Resolute is focused on significantly improving access to water for coastal populations and industrial/agricultural operations in developing countries and small island developing states (SIDS). The company’s Wave2OTM technology is a cost effective, highly scalable solution that enables water resource managers to align water supply and demand in areas that would otherwise be overlooked. In these areas, Wave2OTM has compelling economic advantages over both large-scale, centralized desalination plants and smaller-scale diesel electric desalination systems.

About the SBIR Program: The Small Business Innovation Research (SBIR) program is a highly competitive program that encourages domestic small businesses to engage in Research and Development that has the potential for commercialization. Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization. By including qualified small businesses in the nation's R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific R&D needs.

Resolute to present at the IEEE International Humanitarian Technology Conference

June 5th, 2017

Resolute Marine has been selected by the Institute of Electrical and Electronic Engineers (IEEE) to present a paper entitled “Demonstration of a Wave-powered Desalination System in Cape Verde” at the International Humanitarian Technology Conference (IHTC) which is being held in Toronto on July 20 – 21, 2017. RME CEO Bill Staby said “As our project in Cape Verde moves forward thanks to funding provided by the African Development Bank, we are pleased to give periodic updates at prestigious conferences like the IHTC.”
About the IHTC: The IHTC focuses on humanitarian applications of technology in the general areas of technologies for improving the lives of underserved peoples (including aboriginal/indigenous peoples), technologies for the disabled, health-related technologies, humanitarian engineering educational programs, and technologies to assist in disaster situations. The conference features outstanding keynote speakers, workshops, a student paper competition and peer-reviewed papers.
About Resolute Marine: Resolute Marine Energy (RME) is preparing to deploy a unique technology that harnesses ocean wave energy to produce fresh water and electricity in “off grid” areas of the world. The company’s initial focus is on significantly improving access to water and electricity for coastal populations and industrial/agricultural operations in developing countries and small island developing states. RME’s Wave2OTM technology is a cost effective, highly scalable “renewable water” solution that enables water resource managers to align water supply and water demand in areas that would otherwise be overlooked. In these areas, Wave2OTM has compelling economic advantages over both large-scale, centralized desalination plants and smaller-scale diesel-driven desalination systems.