Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Marine Energy›CorPower secures 10-year marine license in Portugal
Marine Energy

November 16, 2020 · about 5 years ago

CorPower secures 10-year marine license in Portugal

Swedish wave energy company CorPower Oceanhas been awarded a ten-year marine license by Portuguese authorities for wave energy projects in the Atlantic Ocean.

2 minutes read
  • LinkedIn
  • X
  • Email
A photo of CorPower's C3 wave energy device (Courtesy of Colin Keldie/CorPower Ocean)
CorPower’s C3 wave energy device (Courtesy of Colin Keldie/CorPower Ocean)

Swedish wave energy company CorPower Ocean has been awarded a ten-year marine license by Portuguese authorities for wave energy projects in the Atlantic Ocean.

The license dubbed TUPEM – awarded by the national Directorate-General for Natural Resources (DGRM) – provides a ‘Permit for the Private Use of the Maritime Space’ up to 12 miles off the coast of Aguçadoura in northern Portugal.

Miguel Silva , CorPower Ocean’s Country Manager, said the permit unlocks the demonstration phase of the firm’s flagship HiWave-5 project, paving the way for a new class of high efficiency wave energy converter (WEC) products.

“This permit allows to kickstart the final phases of our demonstration work in the Atlantic Ocean, which will test our next generation WECs within the most aggressive and challenging maritime conditions.

“The Aguçadoura coastal zone is a world-renowned site for marine renewable energy and has previously hosted the demonstration of floating offshore wind technology, now fully operational and supplying electricity to Portugal’s grid. There is huge potential for wave energy developments to deliver consistent and predictable clean electricity along the Portuguese coast, either as standalone wave farms or combined with floating wind”, Silva said.

CorPower Ocean is currently fabricating its first commercial scale C4 WEC – 9x18m, weighing 60 tonnes with a 300kW power rating as part of the HiWave-5 project.

According to the company, dry testing for the device is scheduled for spring 2021, before ocean installation in the second half of 2021.

This will be followed by a cycle of testing and design updates to further develop the commercial stage C5 machines. A total of three C5 machines will then be installed in Aguçadoura in 2023 to form a grid-connected pilot array and secure type certification, CorPower Ocean said.

The TUPEM announcement comes follows CorPower’s recently unveiled plans to establish a €16 million R&D, manufacturing & service centre for wave energy converters in Viana do Castelo in Portugal.

Related Articles

Tidal & Wave Energy

CorPower targets Portugal waves

2 min read

The centre will support CorPower’s flagship HiWave-5 demonstration project, as well as long-term development of supply and service capacity for commercial wave energy farms.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Marine EnergyTidal & Wave EnergyAuthorities & GovernmentBusiness Developments & ProjectsInnovationRegulation & PolicyResearch & DevelopmentTechnology

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1$50 billion South Korean investment pushes stalled Alaska LNG project closer to construction
  2. 2TGS on 3D imaging mission to unlock new insights into Malaysia's offshore discovery
  3. 3Petrobras strikes another oil-bearing zone in Equatorial Margin frontier
  4. 4MidOcean gets hold of $4 billion in major capital raise to fuel global LNG push

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free