Novige is nominated for yet another startup challenge award

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You Are Here:, Status UpdatesNovige is nominated for yet another startup challenge award

For the third time in a row, Novige is nominated for another award… This time it is Startup4climate, Sweden’s largest innovation challenge within the energy sector, organized by GodEl and Ellevio.

The purpose of the challenge is to promote and support clean energy solutions and innovations that have the highest potential in accelerating the global energy transition. All innovations and startups in the competition are presented on We Don’t Have Time, a social network dedicated to increasing awareness about the climate crisis and its negative consequences. The winner of Startup4Climate will take home two million Swedish crowns to help speed up the development of their cleantech solution.

“Tackling the climate crisis is very much about finding and scaling up new solutions, and that is exactly the criteria we can deliver on. The other nominated contributions also have strong solutions, but we are convinced that our solution, NoviOcean will help accelerate the necessary energy revolution. The potential for wave power is enormous…”, says Jan Skjoldhammer, CEO and founder of Novige AB.

During the summer, Novige’s wave power concept, NoviOcean, underwent extensive tests at the ECN’s Research Laboratory in Hydrodynamics, Energetics & Atmospheric Environment (LHEEA) in Nantes, France. All results were satisfactory, and several important conclusions were drawn.

Novige plans to have the first full-scale NoviOcean unit developed and ready for deployment by 2024 with a total cost of 5 million euros, which is a fraction of what other wave energy developers have used so far.

The Startup4Climate competition is open to the people’s votes until 1 September and the winners will be announced on 11 November.

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