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Wave Energy News

02 Dec 2024

CorPower Teams Up with SwitchH2 for Wave Powered Green Ammonia Project

(Credit: CorPower Ocean)

Swedish wave energy company CorPower Ocean has partnered with SwitchH2, offshore floating production systems developer for the delivery of green hydrogen and green ammonia, to deliver industrial-scale floating green ammonia production facility partially powered by wave energy.With backing from Norway-based BW Offshore and Dutch Oceans Capital, SwitcH2 is leading the development of industrial-scale offshore green hydrogen and green ammonia production units based on proven FPSO (floating production…

18 Nov 2024

Eco Wave Power Gets Permit for Its First US Wave Energy Project

(Credit: Eco Wave Power)

Eco Wave Power has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its wave energy project at AltaSea’s premises at the Port of Los Angeles.The milestone marks a significant step forward in the development of Eco Wave Power’s pioneering wave energy project, which is set to become the first onshore wave energy installation in the United States.The permit, authorizes Eco Wave Power to install eight wave energy floaters on the piles of an existing concrete wharf structure.The system will also include an energy conversion unit…

16 Aug 2022

Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform

Credit: Bombora

Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform.An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing evaluations to confirm the system loads and dynamics at the FloWave test facility at the University of Edinburgh.Head of Loads and Modelling at Bombora…

15 Jun 2022

CorPower Ocean Debuts "Commercial Scale" Wave Energy

CorPower Ocean unveiled the CorPower C4, its first commercial scale Wave Energy Converter (WEC) and CorPack clusters, which the company contends will provide the building blocks for utility scale wave farms.Ultimately, the new CorPower C4 device will form part of a four-system wave array, off the coast of Aguçadoura, Portugal, creating a grid-connected wave farms.“This has been a decade-long development, with significant strides in the last few years to industrialise and optimize our wave energy technology," said Patrik Möller, Co-founder & CEO. "Following today’s launch, we aim to propel wave energy into the future green energy mix as a bankable technology through the HiWave-5 Project.”The CorPower C4…

09 Feb 2022

Wave Energy Developer Plots Strong Growth Plan in '22, IPO in '23

INGINE Business Development Director Dae Hyun Kim. Photo courtesy INGIE

South Korean wave energy developer INGINE revealed ambitious growth plans for 2022,its10th anniversary.Today the company is approaching a landmark fifth year of wave energy operation in North East Asia, via the Jeju Bukchon Wave Power Plant built in 2015. Additional international projects will see expansion across four continents throughout 2022 and beyond.This includes a Vietnamese and Korean initiative in Quang Ngai province - through a five-party MoU involving Quang Ngai People’s Committee…

07 Jul 2020

CorPower Starts Wave Energy Project in Portugal

Image Credit: CorPower

CorPower, a Swedish developer of wave energy converters, is establishing an R&D, Manufacturing & Service Centre for wave energy converters in Viana do Castelo, Portugal.The location has been chosen to support CorPower’s demonstration project HiWave-5, and for the long-term development of supply and service capacity for commercial wave energy farms. "Several factors have contributed to choosing Viana do Castelo for this investment. A strong competence pool of engineers from adjacent sectors such as offshore wind…