CorPower Ocean designs, manufactures and operates wave energy farms for our customers. The wave farm solution have a unique design inspired by the pumping principles of the human heart, allowing it to survive the toughest storms. Advanced control technology makes the wave energy converters oscillate in optimal timing with incoming waves, strongly amplifying power absorption. This enables high power output compared to the size, weight and cost of the equipment  The combination of low costs, high capacity factor and an effective maintenance scheme makes wave power a key tool to accelerate the transition to 100% renewables around the world

Swedish Energy Agency

InnoEnergy

Midroc New Technology

Almi Invest

SEB Venture Capital

Family offices

CorPower Ocean

New European legislation scheduled for 2030 will require green hydrogen producers to prove their electrolysers source energy from ‘specifically built’ renewables on an hour-by-hour basis.
 
However, the rules are set to increase the cost of green H2 by more than a quarter, according to a scientific study published in the Energy Policy journal. Report here https://lnkd.in/dnRHqj2T
 
It comes as a separate study - produced by CorPower Ocean, Instituto Superior Técnico de Lisboa (IST) and a global green steel manufacturer - highlights the potential for wave energy to reduce the costs of green hydrogen. Report here https://lnkd.in/ditSKSFq
 
Integrating wave energy alongside other renewables, such as wind and solar, can create a more stable power profile. This harmonization supports the fulfilment of hourly matching requirements and helps mitigate the possibility of cost increases.

Read more: https://lnkd.in/d2ixfuPY 

#OceanEnergy #WaveEnergy #GreenHydrogen #EnergyTransition #NetZeroFuture

Aegir Insights ‘Beaufort’ latest comment on wave energy is out.  DEEP DIVE | Why hybrid offshore wind-wave power farms should ‘soon be a huge thing’ off Europe https://lnkd.in/drQ-4PBV

Chief Executive Editor Darius Snieckus writes: "Wave energy – written off by many institutional investors a decade ago after two high-profile technology prototypes failed in the field – looks to be on the verge a second coming with a flagship industrial-scale device now producing power in the Portuguese Atlantic clearing the way for full arrays to be built on a number of key sites off Europe."

"I do think that ‘tipping’ point is finally coming for wave power," says CorPower Ocean CEO Patrik Möller. "We have the field proof now that can drive the first gigawatts into the water." 

#WaveEnergy #OceanEnergy #OffshoreEnergy #RenewableEnergy #WindWavePower

At CorPower Ocean, we're seeking brilliant minds to join our growing team of ocean energy experts. Explore exciting opportunities in Marine Operations & Electrical Engineering and be at the frontline of our pioneering operations in Viana do Castelo, Portugal. 
Key opportunities: 
 
Electrical Engineer 
Marine Operations Engineer 
HSE Coordinator 
 
Join CorPower Ocean to power the planet https://lnkd.in/eQpS2Vm 
 
#waveenergy #oceanenergy #engineeringcareers #maritimejobs #netzerofuture

CorPower Ocean’s C4 device has set a new record in Storm Survivability during late evening of Saturday Nov 4th - withstanding waves up to 18metres (60ft) - as Portugal’s coastline was placed on Red Alert due to rough seas brought by the Domingos storm. The C4 system was monitored from our control centre in Stockholm, where reliable operation was confirmed with motion and loads well within design limits. Since its deployment in Agucadoura, the C4 has endured storms Babet, Aline, Ciarán and Domingos, with Domingos storm conditions recorded by Instituto Hidrográfico - Marinha Portuguesa as the historical record for northern Portugal - https://lnkd.in/d74ee4mQ
 
One of the step change innovations brought to wave energy by CorPower Ocean allows the WEC to be tuned and detuned, altering the system’s response to the conditions. The detuned state creates transparency to incoming waves, similar to the survival function for wind turbines which pitch their blades to protect from over loading.
 
The unique storm survival mode enables our overall lightweight and low-cost design which provides robust operation in the harshest ocean conditions. It is combined with advanced phase control technology that amplify power capture in regular ocean conditions.
 
*note - The exterior camera on C4 was lost during storm Babet, we refer to our neighbour OW Ocean Winds Windfloat Atlantic for visual on Domingos ocean conditions - https://lnkd.in/d_mmGE6R 

 #WaveEnergy #OceanEnergy #EnergyTransition #NetZeroFuture

CorPower Ocean has received ISO 9001 certification through DNV – one of the leading global providers of accredited management systems certification and training. 

Holding ISO certification demonstrates that CorPower Ocean has standardised processes to monitor performance and take corrective actions to maintain and improve the quality of its products and services. It further illustrates our attention to driving continuous improvements combined with an active role guiding all employees through company growth. 

Read more: https://lnkd.in/dyFPb6SA

#OceanEnergy #WaveEnergy #DNV #ISO9001 #EnergyTransition

CorPower Ocean is gearing up for the 10th edition of The Ocean Energy Europe Conference & Exhibition in The Hague. 
 
The OEE2023 programme will focus on how Europe can secure an enduring advantage in the global race to net-zero by championing innovative technologies. 
  
CorPower Ocean CEO & OEE Co-President Patrik Möller will present the latest progress from our HiWave-5 Project in the ‘Flagships 2023’ session from 9.15-10.30 on October 25, including details on the successful deployment of our first commercial scale device and delivering first power to the Portuguese grid. 
 
Meet our team at OEE2023 Patrik Möller, Carlos Pavía Palmlöf, Ida Malmborg, Eunice Silva, Shona Pennock, Quentin Geerinckx 
 
Register here: https://lnkd.in/eWtdpD8r

CorPower Ocean and steel company SSAB have signed an agreement to explore the development of one of the world’s first wave energy power plants using fossil-free steel.  
 
With a goal to integrate fossil free steel in commercial products from 2026, the progression will help sharpen the renewable sector’s focus on total life cycle emissions. 
 
Read more: https://lnkd.in/dppNvc3w
 
#FossilFreeSteel #LowCarbonFuture #NetZeroTargets #WaveEnergy #OceanEnergy

CorPower Ocean has successfully verified its C4 Survival Mode after weathering two major storms along the Portuguese coast last week.
Storm Babet and Aline unleashed waves up to 13 meters* that swept over the device, fully submersing it under wave peaks on a regular basis. The system operated as intended with minimum motion and loads, providing a solid verification of the C4's ability to endure extreme ocean conditions.

Read more: https://lnkd.in/dBaD-vxb 

#WaveEnergy #OceanEnergy #Innovation #Engineering #Storm #Survivability

*video caption correction: waves up to 13m

CorPower Ocean looks forward to joining one of Europe’s leading sustainable energy events in Amsterdam on October 18 & 19, at The Business Booster by EIT InnoEnergy.    
  
This year’s event will focus on ‘The new Green Economy: balancing profit and purpose’. 
  
Senior team members from CorPower Ocean will be in attendance, alongside some of the most influential people and companies driving the energy transition.  
  
CorPower Ocean’s innovative wave energy technology will be exhibited throughout the event at stand 02A.  
  
Join industry leaders, investors and policy makers by registering at tbb.innoenergy.com   
  
#waveenergy #TBB2023 #sustainability #energy #innovations #startups

Mocean Energy is a competitor of CorPower Ocean in the wave energy technology sector. They are known for their innovative approaches to harnessing energy from ocean waves.

Mocean Energy

C-Power is another competitor of CorPower Ocean, specializing in wave energy technology. They have been working on developing their own unique solutions for harnessing energy from ocean waves.

C-Power

AW-Energy is a direct competitor of CorPower Ocean, focusing on wave energy technology. They have been actively involved in developing their own wave energy solutions.

AW-Energy

CorPower Ocean is a leader in wave power technology, providing turnkey wave energy systems for generating clean electricity from ocean waves. Their innovations are inspired by the pumping principle of the human heart, bringing stability to the clean energy mix and accelerating the transition to zero-carbon energy.

news impact assignment basic	general	Mar 4, 2024 7:52 AM	6f16e495
public peers	general
news daily refresh	general
news processing daily refresh	general
news impact assignment daily	general
news processing basic	general	Mar 4, 2024 7:52 AM	aca80336
company summary	general
signals	general
crunchbase trigger	general
crunchbase profile	general
li profile	general	Mar 4, 2024 7:52 AM	7987327e
translate crunchbase fundingrounds	general
peers	general
news basic	general	Mar 4, 2024 7:52 AM	e1149804
bundesanzeiger	filings
merger acquisitions	company_analysis
financials download nd	financials
private financials	financials

COM:CORPOWEROCEAN

CorPower Ocean