With the global wave energy market projected to reach $15.67 billion by 2033 (1), the sector is entering a phase of rapid growth and commercialization.| CorPower Ocean
CorPower Ocean has secured a EUR 40m grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal. The project represents a major step toward achieving Portugal’s National Energy and Climate Plan (NECP) goal of 200MW of installed wave […]| CorPower Ocean
CorPower Ocean, a global leader in wave energy technology, has secured two new strategic investors – Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT, as part of its Series B funding round. The investment builds on CorPower Ocean’s earlier […]| CorPower Ocean
The European Commission has officially named ocean energy as one of only two technologies that count toward the EU’s innovative renewables target,| CorPower Ocean
Wave energy’s more stable and consistent power profile can complement renewables such as wind and solar, helping to stabilize the clean energy mix, to provide electricity all hours of the year.| CorPower Ocean