CorPower Ocean and OPS Composite Solutions are primed to deliver an ‘industry advancing’ wave energy project after securing close to EUR500,000 (US$606,234) from EEA Grants.
The Portuguese-Swedish wave energy developer and Norwegian engineering firm will join forces for the COMPACT (COMposite Pressure cAsing for CosT- and energy-effective wave power generation) Project, combining sector-leading Wave Energy technology with low-cost composite design and fabrication processes from the offshore industry.
Financial backing comes from Iceland, Liechtenstein, and Norway under the EEA Grants ‘Blue Growth Programme’ – which is committed to stimulating ‘blue economy’ innovation, creating jobs, and driving growth for SMEs.
The COMPACT Project aims to boost the performance and slash costs of CorPower’s next-generation WECs (Wave Energy Converters), which will shortly enter the flagship HiWave-5 demonstration phase (see notes to editors) in northern Portugal.
Country updates
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January 28, 2021
Nordex to equip 131 MW Hocksjon wind project in Vasternorrlands lan
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January 27, 2021
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January 25, 2021
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January 18, 2021
Eolus Vind signs PPA for Boarp, Dallebo, and Rosenskog wind projects
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Siemens Gamesa to supply turbines for 56.4 MW wind project of European Energy
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