Swedish wave energy developer CorPower Ocean has signed a berth agreement to build a 5 MW wave energy project at the European Marine Energy Centre (EMEC) in Orkney, Scotland.Scheduled for deployment in 2029, the 5 MW array is expected to become the UK鈥檚 largest wave energy project鈥
CorPower Ocean has secured financial backing from Vinnova, Sweden鈥檚 national innovation agency, for a project exploring the adoption of artificial intelligence (AI) for improved performance and control in wave energy technology.The WACE project鈥
Green Marine UK is poised for growth as one of the most experienced players in the UK鈥檚 rapidly expanding marine energy sector, as studies underscore the potential of wave and tidal technologies.With a track record delivering complex marine operations鈥
CorPower Ocean was selected as a winner of the European Innovation Council (EIC) Accelerator program and has been awarded 鈧2.5 million in grant and a pre-commitment of 鈧15 million in equity investment, totaling 鈧17.5 million, to accelerate the commercialization of its wave energy tech鈥
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鈥
CorPower Ocean has secured $35 million (鈧32 million) funding in an investment round set up to support the commercial roll out of its wave energy technology.The Series B1 investment round was led by NordicNinja, the largest Japanese backed VC in Europe鈥
Swedish wave energy company CorPower Ocean is nearing completion of planned on-land inspection and upgrades of its first commercial-scale wave energy device, C4, following its first deployment offshore Portugal. The upgrades being implemented鈥
Swedish developer CorPower Ocean has completed the first cycle of ocean commissioning program of its C4 wave energy device offshore Portugal, verifying all key aspects of the system and marking a 鈥榗rucial milestone鈥 for the wider wave energy sector鈥
CorPower Ocean,a Sweden-based developer of wave energy converters (WEC), said Tuesday it had installed its first commercial-scale WEC in northern Portugal, 'as it accelerates towards making wave energy a bankable technology for mass deployment鈥
CorPower Ocean, a Sweden-based developer of wave energy converters, and Danish offshore vessel owner Maersk Supply Service have installed a 6.2km subsea export cable off the coast of northern Portugal to energize CorPower Ocean's HiWave-5 Project鈥
CorPower Ocean, Maersk Supply Service and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 demonstration project. The anchor has been installed 4km off the coast of Aguçadoura, in northern Portugal, where鈥
CorPower Ocean has teamed up with composite machinery specialist Autonational and composite tank experts CPT Tankwell to develop its first commercial-scale hull in Viana do Castelo (Portugal), using a custom-built machine, installed inside an environmentally controlled work cell鈥
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鈥
CorPower Ocean will launch its next-generation C4 wave energy converter alongside its new 鈥楥orPack Concept鈥 providing the building blocks for future wave energy farms.The unveiling will happen in Stockholm, Sweden, on June 15. The new full-scale鈥
Wave energy technology developer CorPower has said it has completed construction of the world鈥檚 largest wave energy test-rig, following a two-year project.The 45-tonne moving mass system, installed at CorPower鈥檚 Stockholm base, is capable of simulating ocean wave conditions anywhere in the world鈥
