Corpower News

Dieseko, CorPower Joint Project to Streamline Offshore Anchor Installations

Nov 18, 2025

Dieseko Group and CorPower Ocean have formed a strategic consortium to launch VibroDrive+, a research project aimed at improving offshore anchor design and installation efficiency for marine energy and floating wind applications.Supported by $460…

CorPower Ocean Takes Charge of $35M Wave Energy Project off UK

Dec 09, 2025

Swedish wave energy developer CorPower Ocean has been put in charge of $35 million (€30 million) European project aimed at improving the competitiveness and bankability of wave energy farms, with large-scale validation work planned in U.K. waters…

CorPower Ocean Bags $47M EU Grant for 10MW Wave Energy Project

Jul 23, 2025

CorPower Ocean has secured a grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal.The grant, in the amount of $46.8 million (€40 million)…

CorPower Ocean Welcomes Two International Strategic Investors

Jul 18, 2025

Swedish wave energy firm CorPower Ocean has secured two new strategic investors - Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT…

CorPower Ocean to Develop 5MW Wave Energy Farm off Scotland

May 14, 2025

Swedish wave energy developer CorPower Ocean has signed a berth agreement to build a 5 MW wave energy project at the European Marine Energy Centre (EMEC) in Orkney, Scotland.Scheduled for deployment in 2029, the 5 MW array is expected to become the UK’s largest wave energy project…

CorPower Ocean, NTNU Join Forces for AI-Based Wave Energy Project

Mar 18, 2025

CorPower Ocean has secured financial backing from Vinnova, Sweden’s national innovation agency, for a project exploring the adoption of artificial intelligence (AI) for improved performance and control in wave energy technology.The WACE project…

Green Marine Poised for Growth Alongside Potential UK Marine Energy Surge

May 13, 2025

Green Marine UK is poised for growth as one of the most experienced players in the UK’s rapidly expanding marine energy sector, as studies underscore the potential of wave and tidal technologies.With a track record delivering complex marine operations…

CorPower Gets Funding for Wave Energy Scale-Up

Feb 17, 2025

CorPower Ocean was selected as a winner of the European Innovation Council (EIC) Accelerator program and has been awarded €2.5 million in grant and a pre-commitment of €15 million in equity investment, totaling €17.5 million, to accelerate the commercialization of its wave energy tech…

CorPower Teams Up with SwitchH2 for Wave Powered Green Ammonia Project

Dec 02, 2024

Swedish wave energy company CorPower Ocean has partnered with SwitchH2, offshore floating production systems developer for the delivery of green hydrogen and green ammonia, to deliver industrial-scale floating green ammonia production facility partially powered by wave energy…

Swedish Firm Lines Up $35M Investment in Its Wave Energy Tech

Oct 16, 2024

CorPower Ocean has secured $35 million (€32 million) funding in an investment round set up to support the commercial roll out of its wave energy technology.The Series B1 investment round was led by NordicNinja, the largest Japanese backed VC in Europe…

CorPower Ocean Puts Finishing Touches to C4 Wave Energy Device Upgrades

Jul 02, 2024

Swedish wave energy company CorPower Ocean is nearing completion of planned on-land inspection and upgrades of its first commercial-scale wave energy device, C4, following its first deployment offshore Portugal. The upgrades being implemented…

CorPower Ocean Verifies All Key Aspects of C4 Device in Wave Power Breakthrough

Feb 27, 2024

Swedish developer CorPower Ocean has completed the first cycle of ocean commissioning program of its C4 wave energy device offshore Portugal, verifying all key aspects of the system and marking a ‘crucial milestone’ for the wider wave energy sector…

CorPower Ocean Installs First Commercial Wave Energy Converter Offshore Portugal

Sep 05, 2023

CorPower Ocean,a Sweden-based developer of wave energy converters (WEC), said Tuesday it had installed its first commercial-scale WEC in northern Portugal, 'as it accelerates towards making wave energy a bankable technology for mass deployment…

CorPower Ocean, Maersk Supply Service Install Subsea Export Cable for Wave Energy Project in Portugal

Oct 05, 2022

CorPower Ocean, a Sweden-based developer of wave energy converters, and Danish offshore vessel owner Maersk Supply Service have installed a 6.2km subsea export cable off the coast of northern Portugal to energize CorPower Ocean's HiWave-5 Project…

First UMACK Anchor for CorPower WEC Installed off Portugal

Sep 22, 2022

CorPower Ocean, Maersk Supply Service and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 demonstration project. The anchor has been installed 4km off the coast of Aguçadoura, in northern Portugal, where…

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