STOCKHOLM, Sweden – CorPower Ocean says it will officially launch its next-generation C4 wave energy converter alongside its new ‘CorPack Concept,’ which together it says will provide “the building blocks” for future wave energy farms.
The unveiling, which will be held at the SPACE Arena in Stockholm, Sweden, will be broadcast online from 13.00-13.30 CET on June 15. The event comes as the wave energy developer prepares to deliver its flagship HiWave-5 project in northern Portugal, with ocean deployment planned later this year.
The new full-scale CorPower C4 device will ultimately form part of a four-system wave energy array, located off the coast of Aguçadoura, creating one of the world’s first grid-connected wave farms.
The HiWave-5 project is the result of a decade of intense product development and three decades of research on wave hydrodynamics, says CorPower Ocean. It marks a final push towards commercialization as part of a broader mission to make wave energy competitive with wind and solar by 2030.
CorPower Ocean says that it is working in collaboration with a broad range of international partners, including the Portuguese electricity company EDP, to deliver the Hi-Wave project. It aims to deliver certified and warrantied WEC products to the market by 2024/25, propelling wave energy into the future green energy mix as a bankable technology.