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