June 2nd, 2017, was a milestone for fossil free energy in general and for Waves4Power in particular

The Waves4Power wave energy system was connected to shore and started to deliver electricity to the Norwegian power grid. This took place at Runde on the Norwegian west coast; an optimal place for wave power with its abundance of strong waves.

The Waves4Power wave energy system consists of the WaveEL buoy, a connection hub and custom designed proprietary marine cables from the buoy to the hub and from the hub to shore. The cable from the hub to shore is 3km long. The complete system is the result of years of development work, prototypes and testing. This is

Unlock the

HIDDEN CASH in your business with R&D tax credits

Don’t ignore R&D tax credits, thinking they’re not for you – you may end up being pleasantly surprised!

Many businesses operating in the renewable industries are missing out on £millions in tax relief that’s rightfully theirs.

For a free R&D tax credit consultation and analysis of the potential returns you might expect, contact Jumpstart:

0333 920 7449

a full-scale demonstration installation and the first step towards commercial serial production. The serial production site will be at Fiskåholmen shipyard in Vanylven municipality. Stryvo Group AS, Stryn is responsible for the production.

IF WE CAN MAKE IT HERE WE’LL MAKE IT ANYWHERE The WaveEL buoy was deployed at Runde in February 2016. A week after deployment, the system was challenged with 14m high waves at the launch site. This is what we call a real live test of system survival even though the mooring system’s design parameters are for substantially larger waves than this. In April and May of 2017 the complete system was finally installed on site and connected to the land-based power grid. Runde Environment Centre and Tussa

Energy, the local power company, have played important roles in making this possible. The marine operations have been planned, supervised, and performed by BlueOrbis AB and Olympic Shipping AS.

IMPORTANT SUCCESS FACTORS Waves4Power has built a unique network of industrial partner companies. Each partner company is an industry leader in their respective field of business and they take full responsibility for their solutions in the complete wave energy system. This collaborative approach to the work adds immeasurable credibility to Waves4Power and speeds up the development process.


Jumpstart your R&D tax credit claims


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39