Wave energy has an important role to play in the green energy mix, especially in tandem with wind and solar installations. Christopher Ridgewell, CEO of AW-Energy, tells us more.
AW-Energy Oy, the world-leading Finnish wave energy technology developer, has taken another major step towards commercialising its WaveRoller® device. Today it announced the approval of the Patent Application in the EU (GB2565927A) for its new innovation of an arrangement and method in a wave energy recovery system. This brings the total number of approved patents held by the company to 70.
AW-Energy Oy is delighted to be selected as a finalist at the BLUEINVEST DAY 2021. This event, organised by the European Commission, brings together innovators, entrepreneurs, investors, business and network enablers in the Blue Economy.
Matthew Pech, Finance and Control Director of AW-Energy Oy, explains how the EU’s proposed sustainability legislation poses hydrogen manufacturers a problem – if grid electricity is used in production, it will not be considered green. So, what’s the solution? Matthew explains why industry needs to consider wave power as an off grid alternative