Seabased Industry AB in cooperation with Fortum and the Swedish Energy Agency is developing its first wave power park, northwest of Smögen on the Swedish West coast.
The first phase of the wave power park was deployed during the week commencing 23rd March 2015 and comprises 36 wave energy convertors and one substation.
The deployment has been delayed due to inclement weather, but is now in full swing, which means that production at the factory in Lysekil is proceeding according to plan.
“This wave power park has been planned since many years and naturally it is very exciting to see it physically taking shape,” said Heli Antila , CTO at Fortum. “Wave power has the potential in the future to contribute with stable, emission-free electricity production, and so will be a valuable contributor to a Power system with a large share variable production. We believe in wave power’s role in the renewable economy of the future,” Antila continued.
Seabased Industry AB develops systems for extracting energy from ocean waves and the company has the ambition to be a leader in the field of sustainable energy technologies. Through innovative and cost effective solutions for renewable electricity generation, Seabased strives to create long-term value for its customers, partners, shareholders and society.