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WAVE ENERGY GETS BOOST TO PIONEER GREEN ECONOMY WITH EU PATENT APPROVAL

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.
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SCALING UP FOR 2021: AW-ENERGY SEEKING GROWTH CAPITAL TO DELIVER ITS FIRST SCHEDULED COMMERCIAL WAVE ENERGY PROJECTS WITH ITS CERTIFIED TECHNOLOGY

AW-Energy Oy (AWE), the Finnish global leading wave energy technology company, is using corporate finance advisory firm Fredericks Michael & Co. in New York to identify and approach potential strategic partners and investors for additional growth capital needs in support of the commercial WaveRoller® deliveries scheduled in 2021.
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PIONEERING THE GREEN ECONOMY: CERTIFICATION OPENS PATHWAY TO DIVERSIFY RENEWABLE ENERGY MIX AS WAVEROLLER IS CERTIFIED BY LLOYD’S REGISTER (LR)

AW-Energy Oy, a leader in near-shore wave energy, has today received its certification by Lloyd’s Register (LR) for its WaveRoller® device. It has been awarded following previous certifications by LR through the Technology Qualification certificate process laid out in DNV-OSS-312 Certification of Tidal and Wave Energy Converters.