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Sign upCalWave Wave Energy Converter
Generating electricity from the power of the ocean
- About Company
CalWave Wave Energy Converter
Generating electricity from the power of the ocean
Label Date
July 29, 2020
From
United States
Maturity stage
TRL 7 - Prototype testing in the real world
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.
The Environmental Benefits
- •50% emission reduction for island communities by replacing diesel generators
- •Zero emissions from operation
The Financial Benefits
- •Can deliver payback in 1.5 years
- •Can deliver 30% cost reduction compared to diesel generators
Target client profile
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Benefits
Activity Region
- Headquarters
- Activity
Company Profile
CalWave Power Technologies Inc.
Ocean Waves to Watts and Water.
Headquarters
Berkeley, CA 94720, USA
Type
Startup or self-employed
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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. The innovator CalWave Power Technologies Inc. has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.