Wave energy developers secure £2m grant

Three wave energy companies have won £2 million of funding for a joint project. They are working on a technology which can be attached to different devices and converts their […]

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By Priyanka Shrestha

Three wave energy companies have won £2 million of funding for a joint project.

They are working on a technology which can be attached to different devices and converts their movement into electricity.

Aquamarine Power, Bosch Rexroth and Carnegie Wave Energy have so far developed a tenth-scale prototype of the Wave Power Offtake Device – or WavePOD.

It is being tested at the Institute for Fluid Power Drives and Controls (IFAS) at RWTH Aachen University in Germany.

Image: Aquamarine Power
WavePOD. Image: Aquamarine Power

The funding from Wave Energy Scotland will allow the team to complete the testing phase and deliver the design and specification for a full-scale product.

Paddy O’Kane, CEO of Aquamarine Power said: “The WavePOD project addresses head-on one of the major challenges in the wave energy sector – how to convert the motion of a wave machine into electricity, both reliably and cost effectively.”