Ocean Harvesting awarded a 22 MSEK financing grant from the Swedish Energy Agency

The grant is for the project ”InfinityWEC wave energy converter – Validation through sea trials at scale 1:3”, to be performed off the west coast of Sweden.

The sea trials will validate the performance in real sea environment and the results will be used to further develop and improve the full-scale system with regards to energy yield, system efficiency, availability, and ultimately affordability. The project is implemented in cooperation with RISE Research Institutes of Sweden and will be executed during the period March 2023 – June 2025. Ocean Harvesting follows the staged validation framework for ocean energy technologies set out by Ocean Energy Systems (IEA).