In 2011, Jan Skjoldhammer, driven by a vision to make a significant environmental impact, shifts 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, is born.
Chief Executive Officer at NOVIGE AB, Mission Innovation Champion, Innovator of the Year, Winner of Propeller Prize – Stena Line, Winner of Startup4Climate, Seal of Excellence European Commission
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.
In 2021, Novige secured 4.2 MSEK financing, won Stena Line’s propeller prize, and tested a promising scaled prototype (NO2). By July 2021, 2.1 MEUR funding from CINEA LIFE for a full-scale NO500 unit was obtained.
In 2022, the team expanded to 6 full-time members, conducted rigorous NO2 tests, and received a 5 MSEK Green Loan. The future includes tank testing, developing the NO500, open-water deployment in 2024/25, and launching the first pre-commercial full-scale NoviOcean WEC in 2025/26.
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 lowe.
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.
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!
NoviOcean’s patented innovations and efficient components create a resilient, high-power-density Wave Energy Converter. With streamlined processes for manufacturing, installation, and maintenance, NoviOcean offers lower costs and competitive LCOE values, challenging existing ocean energy solutions and fossil fuels.