Published on September 25th, 2013 | by Anneli Hidalgo0
Swedish company in international wave energy project
CorPower Ocean is together with Spanish Iberdrola Engineering and Portugese marine research centre WavEC driving a new wave energy project.
The goal of the partnership is to embark on the development of the R&D project HiWave, focused on high efficiency wave power. The international initiative aims to demonstrate wave power harnessing using a new type of compact device with advanced control technology and subsequently design an offshore farm based on this technology. CorPower, specializing in wave energy converters, will be responsible for designing the device while Iberdrola Engineering in charge of developing the offshore farm. WavEC will provide analysis and validation support during the various stages of the project.
HiWave has a budget of 15 million Euro and is expected to be completed in 2016. The project is partly funded by the European Institute of Innovation and Technology through one of its knowledge and innovation communities (KIC InnoEnergy).