Investors invited: Ocean Harvesting raising 500,000 Euro for design update of InfinityWEC wave energy converter and preparation for sea trials
Karlskrona/Gothenburg, Sweden; 20 March 2024Ocean Harvesting Technologies AB has since 2017 been developing the wave energy converter InfinityWEC. During 2023 and early 2024, focus has been on the ball screw actuation system in the power take-off and refining simulation models for generation 6 of the technology. Full-scale system design of InfinityWEC will continue in 2024, planned to be followed by a 1:3 scale sea trial project in 2025-2026. Ocean waves are a vast resource of renewable energy and wave power can produce electricity more consistently and at different times than wind and