ocean energy

Wello signs LOI for wave energy demonstration project

Finnish wave energy technology developer Wello Oy has signed a letter of intent with its local Korean partner company BSR CO. Ltd to establish an ocean wave energy demonstration project in Korea.
Wello signs LOI for wave energy demonstration project

The LOI was signed on the 18th of July with the intention of developing more energetic and profitable wave energy converter technology and to find the best practices for utilising local Korean expertise in building devices. Wello will bring its technological expertise into the project while BSR CO will provide the expertise in energy plant construction.

Wello has been engaged for several years in developing and testing its Penguin technology in European waters, mostly at the European Marine Energy Centre (EMEC) in Orkney, Scotland where Wello has been testing a full scale grid connected version of the Penguin since 2012. This enabled the device to encounter some very harsh ocean conditions, including several storms with 12 metre wave heights.

The company has also been testing its 1/5 scale Penguin II device at the Plocan test site off Gran Canaria. The tests are expected to last three months and are being carried out under a Memorandum of Understanding (MoU) signed last year between Wello Oy and the Oceanic Platform of the Canary Islands (Plocan). During this initial phase, the mechanical behaviour of the device will be analysed. The PTO complete test will be conducted at a later stage. 

For additional information:

Wello Oy

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).