We are pleased to be a contestant in the Startup4climate competition, Sweden’s largest innovation challenge within the energy sector, organized by GodEl and Ellevio.
The purpose of this 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. Winners of Startup4Climate will take home two million SEK to help speed up the development of their cleantech solution.
Our profile on this platform reads: “When the wind is not blowing for ten days a month and when the sun is not shining, that is when fossils are burned the most, at the highest cost for the climate and the consumers. Exactly in the same days and hours is when wave energy delivers the most.”
With the right support, we aim to reach a minimum global cumulative deployed capacity of 4 GW by 2050 for NoviOcean, (10% of the target set by the European Commission). According to our estimations, this target roughly amounts to 12 € Billion in sales, providing the perfect opportunity for one or maximum two global partners and/or VCs to enter this vast market with us for the best of the climate. Read more about our mission, targets, and strategies in our recent post here.
By voting (agreeing) to us here, you will help us reach the goal of “Saving the climate with profitable wave power” faster. We intend to mitigate the climate crisis massively by changing from wind+solar+fossils to wind+solar+wave power. Intermittent green energy at large scales, plus expensive and non-sustainable storage+fossils will not stop the climate crisis… we plan to change that!
The Startup4Climate competition is open to your votes and comments until 11 September 2022 and the winners will be presented in connection with We Don’t Have Time’s live broadcast at the UN climate conference COP27 in Sharm El Sheikh, Egypt in November 2022.
