CorPower sings praises for Portuguese wave energy suppliers

CorPower Ocean has named a Portuguese company as its ‘supplier of the year’ in recognition of the role it played in the development of its first commercial-scale wave energy converter, soon to be deployed offshore Portugal.

Costa & Rego, a company established in 1982 which deliver metal structure and industrial support equipment for a number of industries, was deemed CorPower’s supplier of the year for its work on the development of the HiWave-5 Project.

As part of the project, CorPower’s commercial-scale C4 wave energy device will soon be deployed of that in Aguçadoura.

CorPower recently completed preparatory trials of the C4 wave energy system at the port of Viana do Castelo, after it had been assembled in the company’s facility located at the port.

Tord Jonsson, CorPower’s supply chain and quality control manager, said: “We rely on a global supply chain for products, materials and services. As such, we have a number of strategic suppliers who are continuously evaluated and rated in six main categories, including quality, responsiveness , cost competitiveness, cost reduction initiatives, lead-times and delivery performance.

“Over the last 18 months, Costa & Rego have demonstrated outstanding competence across all areas, and we would like to highlight this impressive performance as our Supplier of the Year for 2022.

“There are many examples where Costa & Rego went above and beyond to support our operations, including on one occasion delivering on-site welding support from midnight to 6 am, on just a few hours’ notice. This helped us maintain timeframes for the installation of our novel UMACK anchor system.”

André Rego, CEO of Costa & Rego, added: “We are honored to receive this accolade from CorPower Ocean, and to be supporting one of the world’s leading wave energy developers. Marine energy is a hugely exciting sector, producing new and innovative technologies to accelerate the future energy transition. Here in Portugal, we are also witnessing firsthand its enormous potential to generate sustainable jobs and wealth creation for coastal communities, for generations to come.”

Jonsson added that CorPower’s unique mobile factory cell concept allows for high volumes of on-site fabrication, ensuring strong engagement with local supply chains.

“A large share of system components of our wave energy converter systems can be delivered by local supply chains. Driven by a competitive local supply chain, easy communication and efficient logistics for heavy parts.

“As demonstrated through our work in Viana do Castelo, and with partners such as Costa & Rego, this delivery concept guarantees high levels of local content, which in turn enables rapid roll-out on a global scale,” concluded Jonsson.

HiWave-5 is a collaborative project with Portuguese electricity company EDP, SimplyBlue Group and ENEL Green Power, whose aim is to deliver certified and warrantied wave energy devices to the market by 2024.

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