Sep 01, 2021 Sam Pinnington 0 comments
€45million EU-SCORES Project aims to deliver ‘world-first’ bankable multi-source offshore marine energy parks

A new €45million marine energy project – European SCalable Offshore Renewable Energy Sources (EU-SCORES) – is paving the way for bankable multi-source offshore parks across Europe by 2025. EU-SCORES brings together leading wave energy and offshore solar PV technology providers, CorPower Ocean and Oceans of Energy, major project developers RWE, EDP, ENEL Green Power, Simply […]

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Aug 10, 2021 Sam Pinnington 0 comments
CorPower completes world’s largest wave energy test-rig

CorPower has constructed the world’s largest wave energy test-rig following an intense two-year project.  The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of simulating ocean wave conditions anywhere in the world. The design, build and accreditation has been supported by key supplier ABB and accrediting body DNV.  Measuring 40m in length and 9m in width, the system will play a fundamental role supporting CorPower’s flagship HiWave-5 demonstration project, […]

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Jun 14, 2021 Sam Pinnington 0 comments
Pioneering UMACK mooring and anchoring project partners with University of Dundee

A novel marine mooring and anchoring project aiming to improve the operation efficiency of ocean energy devices is recruiting expert support from the University of Dundee. The UMACK (Universal Mooring, Anchor & Connectivity Kit) Project has teamed up with the University’s Geotechnical Engineering Group to aid the development of a new ‘vibro-installed’ anchor system for […]

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May 05, 2021 Sam Pinnington 0 comments
Ground-breaking €3.7m marine energy mooring, anchoring and quick-connect system project set for Atlantic trials 

  A new, ground-breaking mooring, anchoring and quick connect solution optimized for marine energy systems is set for Atlantic sea trials, following a range of laboratory and on-land test campaigns currently underway. The €3.7m UMACK (Universal Mooring, Anchor & Connectivity Kit) Project has developed a unique mooring and anchoring solution aimed at superseding widely used […]

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Apr 13, 2021 Sam Pinnington 0 comments
CorPower agrees landmark deal with world’s largest heat treatment specialist Bodycote

CorPower has agreed a landmark deal with the world’s largest heat treatment specialist Bodycote. The thermal processing specialist – present in 23 countries – improves the properties of metals and alloys, extending the life of vital components for a wide range of industries. The gateway deal opens Bodycote to the ocean energy sector using its Corr-I-Dur® […]

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Apr 09, 2021 Sam Pinnington 0 comments
CorPower CEO elected Co-President of Ocean Energy Europe

Ocean Energy Europe (OEE) has appointed CorPower Ocean CEO Patrik Möller and Simon De Pietro from DP Energy as its new Co-Presidents. This pairing brings together both technology and project development perspectives, and a wealth of experience in ocean energy. The appointments come at a crucial time for the ocean energy sector, as the push to scale up and industrialise intensifies, and the […]

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Feb 23, 2021 Sam Pinnington 0 comments
CorPower extends equity funding to 20.3 MEUR for commercial scale demonstration

After securing a private placement of 9 MEUR, CorPower has extended its equity funding to 20.3 MEUR, enabling the commercial scale demonstration of its wave energy technology. The investment round was led by Midroc New Technology and included SEB Greentech VC, family offices and private investors. Pareto Securities acted as Sole Manager and Bookrunner in […]

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