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Wave Energy Developer Novige AB Moving Forward with Funding – Off Grid Energy Independence

Novige AB, with its concept NoviOcean got a budget of 5.6 MSEK approved by the Swedish Energy Agency, where 1.35 will be provided by the company. 1.1 MSEK will…

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Off Grid Energy Independence
External Company Press Release
Novige AB, with its concept NoviOcean got a budget of 5.6 MSEK approved by the Swedish Energy Agency, where 1.35 will be provided by the company. 1.1 MSEK will go to Uppsala and KTH University for further research and work into various aspects of the novel concept.
Presently the development is at TRL 5/6, the unit having been prototype tested in both wave tank and offshore in its basic version, scale 1:5. The funding will provide means…

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