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CalWave Wave Energy Converter
Generating electricity from the power of the ocean
01.
Identification
CalWave has developed a game-changing Solution to harness the vast energy from ocean waves to serve coastal communities with sustainable energy and water.
Coastal and island communities are often dependent on diesel generators for power, which are a polluting and inefficient energy source. CalWave's patent-pending Wave Energy Converter (WEC) aims to address this challenge by harnessing the vastly available, predictable and stable energy from waves to provide communities with reliable, affordable and sustainable electricity and freshwater. The high performing WEC operates fully submerged, allowing it to survive stormy seas without visual impact. CalWave’s mission is to install 500 units of baseload ocean wave power by 2030 for island communities. By harnessing the power of the ocean, wave energy can provide affordable, predictable and sustainable energy for communities across the world.
Sector
Application
Target client profile
Tags
Label Date
July 29, 2020
From
United States
Maturity stage
Prototype testing in the real world
Looking For
Partners (public and private), early adopter clients
02.
The environmental benefits
- •50% emission reduction for island communities by replacing diesel generators
- •Zero emissions from operation
03.
The Financial benefits
- •Can deliver payback in 1.5 years
- •Can deliver 30% cost reduction compared to diesel generators
04.
Activity Region
- Headquarters
- Activity
05.
Company Profile
Headquarters
Berkeley, CA 94720, USA
06.
Related Topics
07.
Complementary solutions
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.