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Tikkurilantie 10 , FI-01380 Vantaa, Finland
ABOUT US

COMPANY HISTORY

1993

power

The power in the wave surge is observed by the diver and inventor Rauno Koivusaari during a dive on the Finnish coast. He sees the strong back-and-forth movement of a large hatch in a shipwreck and realizes that the power could be harnessed.

1999

ground breaking

The first groundbreaking proof-of-concept panel prototypes are installed in the sea by Rauno and his small team of enthusiastic experts. The first devices validated the concept of utilizing wave power by pumping seawater on shore.

2000

waveroller

The behaviour and energy production of the WaveRoller panel is tested and analytically verified at a laboratory. The development of a PTO system starts, and first patent applications related to the technology are filed.

2005

installation

Small-scale wave farms are installed at ocean sites in Scotland and Ecuador. The prototypes provide a wealth of information to the team related to survivability and operation in different ocean environments.

2007

prototype

A 1:4 scale prototype WaveRoller is installed at a fully exposed ocean site in Portugal. After four months of operation, the device is lifted and fitted with an upgraded PTO before returning to the sea. The hydraulic PTO concept is proven to work in wave energy conversion

2010

funding

AW-Energy wins EU funding and leads a consortium to build, install and operate a 1:2 scale demonstration WaveRoller in Portugal over the period of three years. The demonstration WaveRoller includes three panels installed on a single steel foundation and verifies its power production and the patented WaveRoller deployment method.

2015

test facility

A full-size PTO test facility is opened in Järvenpää by the President of the Republic of Finland. The test facility is used to test and optimize the commercial WaveRoller devices. The WaveRoller team increases in size to include experts on several related fields.

2016

commercial

AW-Energy grows its supplier network and the first commercial WaveRoller is created alongside a rigorous technology qualification process validated by Lloyd’s Register. WaveRoller is manufactured, assembled, tested and certified in several locations around Europe.

2019

in action

The First-Of-A-Kind commercial-scale WaveRoller is deployed near Peniche, Portugal. The device began to feed electricity to the Portuguese national grid on 14.11.2019 at 20:34.

2020

WaveFarm

AW-Energy receives funding from the EU to create an industrial package for customers. The WaveFarm project enables work on infrastructure, product documentation and other aspects customers need to deploy an array of WaveRoller units.

2021

Successful recovery

The First-Of-A-Kind commercial-scale WaveRoller is successfully recovered and towed back to Peniche harbour after surviving two full winters at the site.

2023

Product Family

The WaveRoller product family was launched. From small scale to utility scale, customers can now select technology that meets their needs.