We make a significant impact

In 2011, Jan Skjoldhammer, driven by a vision to make a significant environmental impact, shifted his focus from a successful airline pilot career to entrepreneurship. This marks the inception of NoviOcean wave energy converter (WEC).

From 2012 to 2015, rigorous criteria are established—lighter, simpler, stronger, more durable, and based on proven components. After overcoming challenges and iterations, Jan achieves success with the design—a large rectangular float and the 'Inverted Hydro Power Plant at Sea (HPAS concept).' Thus, NoviOcean, our groundbreaking cleantech solution, was born.

In 2016, Jan Skjoldhammer, having found success in property development, passionately invests in his renewable energy vision. Novige AB is officially founded, backed by two international patents and collaboration with three Swedish universities.

By 2018, 30 MSc students and 6 professors contribute to NoviOcean WEC's development. Successful dry lab physical tests at KTH Royal Institute of Technology validate the concept. Ongoing work includes designing, constructing, and testing the 1:5 scale prototype.

In 2019, NoviOcean achieves a major milestone, producing electricity from waves for the first time. With extensive testing and significant investment, our team marks a breakthrough in renewable energy technology.

In 2020, NoviOcean achieved milestones—testing NO1 prototype, earning recognition as an innovator, and securing 0.9 MSEK financing for further development and market analysis.

Prototype 1:5 tested successfully: Prototype connected to a local grid powering a small island

24 Months in Test Rig at Royal School of Technology (KTH)

6 Weeks of Wave Tank Testing (UK and France)

14 Months testing in Actual Offshore Conditions

In 2023, NoviOcean is developing a 1 MW HYBRID converter, combining wave, wind, and solar energies. The innovative system features 650 kW wave, 300 kW wind, and 50 kW solar capacities, with impressive environmental metrics, dimensions of 38 x 9 x 4 / 12 meters, and a weight of 120 tons. It can lift 600 tons, achieving a LCOE of €200 from start, hitting 100 after 100 MW deployed, then lower.

In 2024, NoviOcean proudly won the #StartUp4Climate Award, receiving 1 million SEK. The company is also proposing a pilot partnership with Renewable Offshore Energy Companies for co-locations in the Canaries and a multitude of locations in Europe, showcasing its commitment to sustainable energy innovation.

In 2024 and 2025, NoviOcean accelerated its global expansion and commercial validation. The company achieved top honors at the 8th China (Shenzhen) Innovation & Entrepreneurship International Competition (IEIC), placing 1st in the Sweden Final and 2nd globally in the Marine Energy sector out of 3,518 applicants.

During this period, NoviOcean strengthened its presence across Asia and the Middle East. Following the BAPSEA delegation to Singapore, the leadership toured Dubai and India, presenting at the Vibrant Gujarat Regional Conference 2025. These missions resulted in strong financing interest from four independent parties, including GUVNL, ONGC, and INCOIS, to deploy the first full-scale pilots, repurpose offshore rigs, and implement hybrid solutions for clean electricity and desalination.