Finland-based technology group Wärtsilä has signed a new cooperation agreement with AW-Energy for the sale and delivery of WaveRoller wave energy technology. 

The agreement will see the supply of WaveRoller technology, developed by AW-Energy, on a turnkey basis across the lifecycle.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

It is expected to be benefit from AW-Energy’s patented technology and Wärtsilä Energy Solutions’ global project execution, services and integration capabilities.

The latest deal is also expected to focus on project deliveries. 

According to Wärtsilä, the commercially operating pilot installations of the WaveRoller technology can be delivered to customers interested in wave power projects.

See Also:

"The total pipeline under discussions is circa 300MW, including industry flagship projects, spearheading the emerging industry."

The deliveries could lead to the commercial roll-out of the technology.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

AW-Energy CEO John Liljelund said: “Today, WaveRoller is involved in projects with ongoing development in Europe, Americas and Asia and the total pipeline under discussions is circa 300MW, including industry flagship projects, spearheading the emerging industry."

In May, Wärtsilä announced its intention to support the development of new WaveRoller wave energy convertor with a series of sub-assemblies for a prototype.

Developed by AW-Energy, the patented WaveRoller is a device capable of harnessing and turning ocean wave energy into electricity.