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Swedish Wave Energy Tech Developer Attracts Funding – Marine Technology News

Swedish wave energy technology developer Novige AB has received funding from the Swedish Energy Agency for its NoviOcean wave energy…

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Swedish wave energy technology developer Novige AB has received funding from the Swedish Energy Agency for its NoviOcean wave energy converter concept.
Novige got a budget of 5.6 MSEK (USD 652,201) approved by the Swedish Energy Agency, where 1.35 MSEK (USD 157,263) will be provided by the company. Novige said that 1.1 MSEK (USD 128,140) woud go to Uppsala and KTH University for further research and work into various aspects of the novel concept.
Novige’s NoviOcean is a floating non-resonant point-absorber…

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