Wärtsilä and AW-Energy join forces for WaveRoller sales

Business & Finance
Waveroller steel panel (Photo: Wärtsilä)

 
The technology group Wärtsilä and Finnish-based wave energy developer AW-Energy have signed a global cooperation agreement to sell and deliver WaveRoller wave energy device.

The agreement covers supplying the WaveRoller on a turn-key basis across the life-cycle, with a primary focus on the project delivery.

The cooperation is based on AW-Energy’s patented and certified technology and Wärtsilä Energy Solutions’ global project execution, services and integration capabilities.

The technology is now at a stage where commercially operating pilot installations can be delivered to customers interested in wave power and the complementary capabilities of both companies pave the way for WaveRoller in commercial roll-out, the companies said.

Javier Cavada, President of Wärtsilä Energy Solutions, said: “We have chosen to co-operate with AW-Energy to be at the forefront of this development and to offer wave power solutions to our customers worldwide, as a leading energy solutions provider and system integrator.”

John Liljelund, CEO of AW-Energy, added: “Cooperation with a world-class technology group like Wärtsilä demonstrates the commercial readiness level of our technology and positions AW-Energy as the frontrunner in the supply and development of wave energy technology.

“WaveRoller is involved in projects with ongoing development in Europe, Americas and Asia and the total pipeline under discussions is circa 300MW.”

This cooperation announcement comes a few months after Wärtsilä informed it would support the development of the latest WaveRoller wave energy converter.