Swedish wave energy developer NoviOcean is conducting sea trials of its hybrid offshore renewable energy platform, which combines wave energy, wind and solar technologies, as part of the journey towards commercial deployment.
The 10 x 6 meter N03 prototype has been operating in open water east of Stockholm for one month as part of the 850 kW Medi Wave 850H technology validation phase, in order to confirm key engineering assumptions under operational conditions and further reduce technical risks as the technology progresses towards commercialization.
The offshore campaign is designed to verify the platform’s survivability and movement in real sea conditions and the reaction of its side to incoming waves, as well as to verify that the system behaves as expected through NoviOcean’s numerical simulations.
Furthermore, the company has signed a Letter of Intent (LoI) with EDA Renováveis to explore future deployment opportunities in the Azores. Subject to successful technical validation, commercial performance and regulatory approvals, the parties envision a phased development path beginning with a pilot pilot project that could lead to larger commercial facilities supplying one or more islands in the Azores.
The document also notes that future projects could be supported through commercial arrangements such as power purchase agreements (PPAs) or other procurement mechanisms established by relevant authorities.
Along with the technical advances, NoviOcean has secured new private investment to support the shift from technology validation towards early-stage commercialization, including business development, partner engagement, and further improvement of the Medi Wave platform, however, no details have been revealed.
NoviOcean’s wave energy conversion system has been verified by nearly two years of hydraulic laboratory tests at the KTH Royal Institute of Technology, followed by wave tank campaigns in the UK and France. Combined with previous prototype testing abroad, the technology has accumulated more than 500 days of testing, including 352 days at Svanholmen, 81 days at Staines, and 20 days at CoastLab Plymouth and Eccole Centrale de Nantes.
The Swedish company earlier this year Signed a memorandum of understanding With MIR Green Energy to explore the deployment of the Medi Wave 850H platform along the Pacific coast of Costa Rica.
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