Transforming Renewable Energy: Novige's Milestone Grant for Wave Energy Converter Development

Pioneering Clean Energy Solutions with NoviOcean NO500 Pilot Project

Novige AB receives a multi-million EUR grant to build its first full-scale 500 kW pilot Wave Energy Converter (WEC)

Novige AB received a 2.1 million EUR grant from the European Climate, Infrastructure and Environment Executive Agency (CINEA) under the LIFE programme to design, build, deploy, test, and certify its first full-scale pilot WEC unit, NoviOcean NO500 in an offshore test site by 2025/26. NoviOcean WEC (rated at 500 kW) will utilize a low-weighted 38×7 square meter rectangular float and well-proven parts to produce clean/stable electricity at a commercially viable cost. Simple design, less use of materials, and recyclability, along with an effective global licensing strategy will facilitate local manufacturing, operation, and decommissioning using readily available resources. More details on the upcoming stages of building and deployment of the pilot unit will be disseminated on a continued basis to various project stakeholders. For more information on the context and progress of the LIFE NOVIOCEAN project, please visit our dedicated project page.

Novige AB received a 2.1 million EUR grant from the European Climate, Infrastructure and Environment Executive Agency (CINEA) under the LIFE programme to design, build, deploy, test, and certify its first full-scale pilot WEC unit, NoviOcean NO500 in an offshore test site by 2025/26.

NoviOcean WEC (rated at 500 kW) will utilize a low-weighted 38×7 square meter rectangular float and well-proven parts to produce clean/stable electricity at a commercially viable cost. Simple design, less use of materials, and recyclability, along with an effective global licensing strategy will facilitate local manufacturing, operation, and decommissioning using readily available resources.

More details on the upcoming stages of building and deployment of the pilot unit will be disseminated on a continued basis to various project stakeholders. For more information on the context and progress of the LIFE NOVIOCEAN project, please visit our dedicated project page.

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1 MW Hybrid Solution
650 kW Wave, 300 kW Wind, 50 kW Solar.
(40% capacity Factor | 3.5 GWh /unit/year)

Lighter, low LCOE, more powerful – the future of clean, efficient energy

Wave energy: 5x denser than wind, 10x solar, available 24/7, highly predictable.

Since 2016, pioneering simplicity, efficiency, and sustainability in cleantech

By 2030, 0.5 GW contracted, and by 2050, 10 GW, reflecting our ambition to campture 25% of the EU’s 2050 target, worth  E 30 billion in Europe alone. The global market is six times larger  

Structured path: Full-scale prototype 2022, commercial phase by 2029. Cost-efficient tech, global partners, and a sustainable future. Let’s connect!