Wave energy: CorPower Ocean selected to lead Power-Farm EU project, deployed in UK waters

"CorPower Ocean has been selected to lead the €30M POWER-Farm EU Project, addressing the competitiveness and bankability of wave farms by validating the technology in conditions required for large-scale deployment in UK waters.", announced the Swedish company on 09/12/2025.

This initiative, partly funded by a €19M grant from Horizon Europe, gathers:
• The European Marine Energy Centre (EMEC);
• The University of Edinburgh;
• Ocean Energy Europe;
• Renewable Risk Advisers;
• and Kristinehamn Teknik & Service.

Together, and thanks to the CorPower Ocean's Wave energy converter patented technology (currently deployed off the Atlantic coast of Portugal), "they will demonstrate the survivability, reliability and performance of wave energy systems at EMEC’s test site in Scotland". This innovation turns the wave motion into rotation, which is converted into electricity by generators inside the buoy.

The projec aims also to prove the "scalability of a European - and British - supply chain capable of supporting larger wave energy farms", the consortium said. "With potential to supply up to 17% of…