Wave energy, which generates electricity using the motion of ocean waves, remains an untapped but promising renewable energy ...

Wave energy offers enormous untapped potential. According to some estimates, global oceans could theoretically produce more than 2 terawatts of renewable electricity using wave technology.

This move is part of the company's expansion efforts and moves to advance uncrewed systems operations and policy engagement ...

CorPower Ocean (Stockholm, Sweden) announces that it has received the largest single investment in its wave energy technology — featuring a composite hull — after securing €32 million Series B1 ...

Due to Taiwan’s impressive technological abilities, we plan to produce our floaters locally, thereby creating not only clean electricity from the waves, but also new wave-energy related workplaces.” ...

Wave energy, inspired by the human heart’s rhythm, offers vast clean energy potential. With ongoing investment, it could power millions of homes and rival nuclear power.

CorPower Ocean’s plans to deploy its first commercial wave farm in Ireland by 2026, with ambitions to scale to 30 megawatts (MW) by 2028, highlight the sector’s progress.

Yet, last year wave energy devices only generated about 1MW of Europe’s total electricity, according to Ocean Energy’s latest report. That’s only enough to supply around 1,000 homes.

Snug Harbor proposes to use Wavegarden Cove technology to generate up to 1,000 waves per hour in its man-made lagoon by moving water similar to ocean swells.