Ocean Harvesting Technologies AB (OHT) is a privately held company developing the novel InfinityWEC wave energy converter since 2017. The technology offers high annual energy production with breakthrough power take-off and advanced force control technology, making it possible to maximize the energy output from every individual wave. The wave energy converter is furthermore to a large extent built of circular materials with low cost and low CO₂ footprint. The result is exceptional resource efficiency with low weight, cost and CO₂ per MW/MWh.

OHT participates in several joint industrial projects financed by Swedish Energy Agency, EU’s Clean Energy Transition Program (CET-P) and Horizon Europe. These projects involve a wide range of partners in the value chain, such as suppliers, universities, research institutions, technology developers and power companies.The wave energy converter InfinityWEC is developed in a staged approach in line with Ocean Energy Systems framework for ocean energy technology. Read more

The company is based in Karlskrona and Göteborg, Sweden. Lundin Foundation, Mikael Sidenmark with family and regional insurance companies (Länsförsäkringar) in Blekinge, Kalmar and Älvsborg län are the main shareholders. OHT is a proud receiver of grant financing from the Swedish Energy Agency and participates in several joint industry projects co-ordinated by RISE Research Institutes of Sweden.

Management and Board of Directors

Mikael Sidenmark
CEO, founder

17 years experience in wave power development, entrepreneurship, technology and system development, software development and simulations, project management, innovation and IP management, securing public and private financing , He is author / co-author of 25 approved / pending patent application.

LinkedIn

Olle Holmertz
Chairman of the board

20 years’ experience as CFO, CEO, investor and board member in technology companies and VC firms. Prior to this, experience in financing related to infrastructure, energy and industrial projects.

Thomas Korsfeldt
Member of the board

Former director general of Swedish Energy Agency (1998-2008). Thomas has previously worked in the parliament and in the prime minister’s office and is currently involved in i.a. Swedish energy policy work.