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A patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity.

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I. Cost efficient, reliable technology

 
1.
Easy to build and operate, due to its’ accessible location on land. In addition, low costs of maintenance and connection to the grid, due to proximity to grid connection points.
  • 2.
    Fully modular and scalable.
  • 3.
    Cost-efficient – construction and production costs per KWh are highly competitive, and the forecasted levelized cost for energy (LCOE) for commercial scale installation will be around EUR 42 per MWh (SEK 0.45/KWh). The Company has several patents in place and additional applications pending, putting strong focus on IP development and protection.
  • 4.

     

    Fully insurable – current damage protection coverage provided by global reputable insurance companies.

II. How it work 

The floaters draw energy from incoming waves by converting the rising and falling motion of the waves into an clean energy generation process. More precisely, the movement of the floaters compresses and decompresses hydraulic pistons which transmit bio-degradable hydraulic fluid into land located accumulators. In the accumulators, at a pressure is being built. This pressure rotates a hydraulic motor, which rotates the generator, and then the electricity is transferred into the grid, via an inverter.

The fluid, after decompression, flows back into the hydraulic fluid tank, where it is then re-used by the pistons, thus creating a closed circular system.

The system commences production of electricity from wave heights of 0.5 meters.

The whole operation of the system is controlled and monitored by a smart automation system. Also, when the waves are too high for the system to handle the floaters automatically rise above the water level and stay in the upward position until the storm passes. Once the storm passes, the floaters return to operation mode.

 

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