Ocean Harvesting Technologies secures €300 000 investment from the Lundin Foundation
On 11[th] September 2020, Ocean Harvesting Technologies, a Swedish pre-commercial renewable energy company striving to be a market leader in wave energy technology, announced a €300 000 investment from Lundin Foundation. The investment matches a €300 000 grant from the Swedish Energy Agency to provide Ocean Harvesting Technologies with the required funding to prototype the next development phase of the company’s novel InfinityWEC technology.InfinityWEC is a modular and scalable wave energy conversion system that is capable of capturing and converting wave energy to electricity in a highly