About the company

Type
Company

Members type
innovator

Headquarters
114 28 Stockholm, Sweden

Company size
35

Founders
Stig Lundbäck & Patrik Möller

Founded
2012

SDG's

  • Affordable and clean energy

Social

Website
corpowerocean.com

Alliance member

CorPower Ocean


We bring robust high-efficiency wave energy technology to the world, unlocking a consistent source of clean energy.

CorPower Ocean is a global leader in Wave Energy technology. The ocean forms one of the largest yet least explored renewable energy sources on earth. We bring a new class of compact high efficiency Wave Energy Converters (WECs) enabling robust and cost-effective harvesting of electricity from ocean waves. The design principle is inspired by the pumping principles of the human heart and offers five times more energy per ton of device compared to previously known technologies, allowing a large amount of energy to be harvested using a small and low-cost device. A unique transparent protection mode brings survivability in the toughest storm conditions. We are headquartered in Sweden with offices in Portugal, Scotland and Norway.

Company CorPower Ocean
Offer

Wave Energy Converter

Offer Wave Energy Converter

Description
Compact high efficiency Wave Energy Converters (WECs) providing reliable and competitive electricity from ocean waves.

Our Wave Energy Converters are point absorber type, with a heaving buoy on the surface absorbing energy from ocean waves. The buoy is connected to the seabed using a tensioned mooring system. Novel phase control technology makes the compact devices oscillate in resonance with the incoming waves, strongly amplifying the motion and power capture. The system has improved survivability in storms, thanks to its inherent transparency to incoming wave energy in long storm waves. The concept offers five times more energy per ton of device compared to previously known wave technologies. The high structural efficiency allows for a large amount of energy to be harvested using a relatively small and low-cost device, reducing the equipment (CAPEX) cost per MW capacity. The compact and lightweight WECs are also easy to install and maintain using low-cost vessels, bringing down operational (OPEX) costs. All together this provides competitive cost-of-energy. Generators and power electronics are standard components known from the wind industry, enabling well known grid connection architecture. Our product concept is optimized for 10MW clusters, where the electricity is collected from an array of WECs into a collection hub. Each 10MW hub delivers grid quality electricity with standard 33/66kV electrical connection commonly used in offshore wind, with a single control and data acquisition interface over fibre and radio-link to the hub. Each WEC operates autonomously by a programmable logic controller located inside the device.

Available in
Worldwide

Categories of application
Affordable and clean energy

Sector of application
Clean energy production

Status
Tested implementation