NoviOcean - Slim Fixed Header

Novige is selected as a ‘’Nordic Top 50 Impact Company – 2022’’

Novige is selected as a ‘’Nordic Top 50 Impact Company – 2022

“Leading the Charge: Novige Named Nordic Top 50 Impact Company 2022” Join Novige at the Nordic Impact Business Summit to Explore Sustainable Wave Power Solutions Novige is selected as a ‘’Nordic Top 50 Impact Company – 2022’’ We are glad to be selected as one of the Nordic Top 50 Impact Companies by the One Initiative. The list comprises of the top 50 promising Nordic and Baltic impact start-ups of 2022. The team has been invited to Nordic Impact Business Summit 12-13 September 2022 at Nordea HQ in central Copenhagen to talk about our solution for “saving the climate with profitable wave power” with several Nordic and global investors and venture capital organizations. We will also discuss how wave energy, and particularly, NoviOcean can substitute fossils and unsustainable storage when the wind is not blowing and the sun is not shining, when the costs are the highest for the consumer and the climate. We look forward to meeting Nordic and global investors with interest in renewable ocean energy solutions that want to join us in this exciting journey toward making a more sustainable energy future for all. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next

NoviOcean NO2 Prototype in Action | Site Visit Highlights | May 2022

NoviOcean NO2 Prototype in Action | Site Visit Highlights | May 2022

Revolutionizing Marine Energy: NoviOcean’s Breakthrough Solution Unveiled Discover Novige’s Vision for Sustainable Marine Energy Development NoviOcean NO2 Prototype in Action | Site Visit Highlights | May 2022 https://www.youtube.com/watch?v=denflW-c0BI We are excited to present to you shortly about NoviOcean and how we intend to improve the marine energy landscape through our unique yet profoundly simple solution. The video was recorded during our public site visit (20th and 24th May 2022) in Stockholm in which we presented the NoviOcean NO2 prototype and our latest achievements. Various representatives from the EU Commission, industry actors, academia, newspapers, technical magazines, political parties, NGOs, and young researchers kindly joined us. We talked more about NoviOcean and all the attendees got a chance to take boat trips to watch the unit up close and in action. In this video, you will hear about our technology, mission, current achievements, and future plans from Jan Skjoldhammer (Novige’s Founder/CEO) and Danial Hassani (Novige’s COO). You can also hear what Göran Öfverström (Head Research Investment & Strategy Soya Group/Wallenius Lines) thinks about our innovation and what we intend to bring to the ocean energy sector. Follow us to hear more about our latest developments and how we plan on “saving the climate with profitable wave power”. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next

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

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. F.A.Q. NoviOcean’s innovative Hybrid Energy Converter (NHEC) harnesses the combined power of wave, wind, and solar energy. This groundbreaking technology delivers efficient and cost-effective renewable energy, paving the way for a sustainable future.  How efficient is NoviOcean Hybrid Energy Converter (NHEC)? NoviOcean HEC delivers double the power output per sea area compared to wind power. Its hybrid design (wave, wind, solar) and efficient use of infrastructure lead to a lower Levelized Cost of Energy (LCOE) in early evolution. What are the advantages of Noviocen HEC? Noviocean HEC is easy to produce, install, and maintain due to its modular design and well-proven parts. It boasts a low environmental footprint and superior power-to-weight ratio compared to offshore wind. Why invest in NoviOcean? NoviOcean offers competitive development costs, with LCOE reaching €100/MWh after only 100 units deployed, then lower. Investment benefits include attractive incentive programs, expected high profits, participation in a meaningful and scaleable clean energy solution, and not the least, extremely positive marketing effects for partners and users. What is the current project stage? NoviOcean is in Stage 4 (TRL 7), developing a 1:1 scale pilot to demonstrate real-world performance and pave the way for commercial deployment. What are NoviOcean’s short-term goals? NoviOcean aims to deliver stable ocean energy at a lower cost than offshore wind and secure 0.5 GW of contracted capacity by 2030. What are NoviOcean’s long-term goals? NoviOcean envisions having 10 GW deployed by 2050, capturing 25% of the EU’s 2050 target and generating €30 billion in sales within Europe alone. The global market potential is three times larger.

The Game Changers | Interview with Novige and HelioRec during OEEC 2021, Amsterdam

Innovating Clean Energy Solutions: Novige and HelioRec at Ocean Energy Exhibition 2021 Exploring Cutting-Edge Renewable Energy Innovations for a Sustainable Future The Game Changers | Interview with Novige and HelioRec during OEEC 2021, Amsterdam Yesterday, Novige‘s founder and CEO, Jan Skjoldhammer, along with HelioRec‘s founder and CEO, Polina Vasilenko, had the opportunity to be interviewed and talk about our innovative clean energy solutions at the Ocean Energy Exhibition and Conference 2021, held in RAI Amsterdam, The Netherlands. Both companies are supported by the Marine Energy Alliance project. By following this link to the interview, we get to hear more about these solutions and why they are to be important contributors to the future energy mix. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next

Novige and the development of NoviOcean WEC

Navigating Success: Novige's Collaboration with Marine Energy Alliance and BlueInvest

Innovating the Future: Novige’s Journey with NoviOcean WEC Pioneering Sustainable Wave Energy Solutions for a Greener Tomorrow Novige and the development of NoviOcean WEC https://www.youtube.com/watch?v=sABzqKXpbYw Here is a showcase by our team on the development of their NoviOcean WEC. The Novige team has so far successfully demonstrated a scaled prototype of their innovative wave energy converter (WEC) technology both offshore and in wave tanks, showing how we are preparing to reach our goal of “Saving the climate with profitable wave power”. The team has so far been recognized for numerous awards and recognitions such as the Mission Innovation Champion 2020, Guldstänk’s Innovator of the year, EU’s Seal of Excellence, Stena Line’s Propeller Prize 2021, and has been recently nominated for the Startup4Climate award! To expand globally, the Novige team is looking to partner with industrial companies with a global network. Interested in knowing more? Consider subscribing and visiting our website: https://noviocean.energy/ NoviOcean Working Principles’ Animation NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next

Novige is nominated for yet another startup challenge award

Driving Clean Energy Innovation: Novige’s Nomination for Startup4Climate Award Empowering Sustainable Solutions to Accelerate the Global Energy Transition Novige 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. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next

Conclusions after Completed Wave Tank Testing in France

Transforming Wave Energy: Insights from Completed Wave Tank Testing in France

Transforming Wave Energy: Insights from Completed Wave Tank Testing in France NoviOcean’s Path to Cost-Effective Renewable Energy Solutions Conclusions after Completed Wave Tank Testing in France https://www.youtube.com/watch?v=jVof9wjckJ0 After successfully completing our wave tank tests at ECN’s Research Laboratory in Hydrodynamics, Energetics & Atmospheric Environment (LHEEA), Nantes, we can now with high certainty verify that: The full-scale NoviOcean unit rated at 500 kW (NO500) is expected to reach its full capacity at waves with significant height of 3.5 meters. This verifies our previous third-party simulations. In a location with medium wave energy flux (e.g., Pilot Zone, Portugal), the average generated electricity can reach to 250 kW per unit, indicating a capacity factor (CF) of 50% and more than 2000 MWh/year It has now been seen that the similar capacity factor can be maintained for larger units up to 2 MW rated capacity. Thanks to the non-resonant behaviour, the control system can operate in a very simple, effective, and precise way. We plan to have the first full-scale NO500 unit developed and ready for deployment by 2024 with a total cost of 5 MEUR, which is a fraction of what other wave energy developers have used so far. More details about the status of our EU grants will be revealed soon when all details are settled. “We are humble to the fact that it looks like we have discovered a highly effective and cost-efficient way to solve a considerable part of the climate crisis, fast!”, said Jan Skjoldhammer, founder and CEO of Novige AB. He continued: “We will offer low-priced production licences to shipyards and industrial actors world-wide, in order to improve the speed to reach our goal; Saving the climate with profitable wave power.” Feel free to contact us at info@noviocean.energy, or jan.skjoldhammer@novicoean.energy Below you can see a short video of the tests at ECN’s LHEEA. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next

Testing Novige’s NoviOcean NO2 Prototype at ECN’s LHEEA

Advancing Wave Energy Innovation: Testing Novige’s NoviOcean NO2 Prototype Promising Results and Future Prospects at ECN’s LHEEA Facility Testing Novige’s NoviOcean NO2 Prototype at ECN’s LHEEA https://www.youtube.com/watch?v=jVof9wjckJ0 This introductory video was made by Stena Line to present Novige as a finalist for Stena Line’s Propeller Prize 2021. Stena Line Propeller Prize was held by Blue Science Park during the digital event Innovation Day in Karlskrona on May 6 2021. The following statement is the motivation of the jury for selecting Novige as the winner of the category Maritime Technology:“The winner is a company driven by true entrepreneurship and passion for innovation. It has a strong sustainability profile and if successful in implementing its product on the international market, it will contribute to mitigate the climate crisis.”We are truly honored by this recognition and will try even harder to realize the long-awaited breakthrough in ocean energy in order to “save the climate with profitable wave power”. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next

Novige’s Introduction for Stena Line’s Propeller Prize

Novige's Introduction for Stena Line's Propeller Prize

Novige’s Journey to Stena Line’s Propeller Prize 2021 Celebrating Innovation and Sustainability in Maritime Technology Novige’s Introduction for Stena Line’s Propeller Prize https://www.youtube.com/watch?v=ANk7v63WzJA This introductory video was made by Stena Line to present Novige as a finalist for Stena Line’s Propeller Prize 2021. Stena Line Propeller Prize was held by Blue Science Park during the digital event Innovation Day in Karlskrona on May 6 2021. The following statement is the motivation of the jury for selecting Novige as the winner of the category Maritime Technology:“The winner is a company driven by true entrepreneurship and passion for innovation. It has a strong sustainability profile and if successful in implementing its product on the international market, it will contribute to mitigate the climate crisis.”We are truly honored by this recognition and will try even harder to realize the long-awaited breakthrough in ocean energy in order to “save the climate with profitable wave power”. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next

Novige AB has been announced as the winner of Stena Line’s Propeller Prize 2021

Novige AB has been announced as the winner of Stena Line's Propeller Prize 2021

“Novige AB Wins Stena Line’s Prestigious Propeller Prize 2021 Recognized for Excellence in Renewable Ocean Energy Novige AB has been announced as the winner of Stena Line’s Propeller Prize 2021 Yesterday we received this pleasant info: “Congratulations! You have been nominated for step 2 in Stena Line Propeller Prize” Stena Line Propeller Prize is an entrepreneur prize granted annually to young businesses in the ICT and Maritime Technology arena. There are two categories, each with three nominees. One of them is marine technology which we will be competing in. Stena Line is one of the world`s largest ferry lines, with a strong focus on sustainability. This aligns very nicely with our mission. Stena Line Propeller Prize is an entrepreneur prize granted annually to young businesses in the ICT and Maritime Technology arena. Two young growth companies win 100 000 SEK each. The prize is announced by Blue Science Park during the digital event Innovation Day on May 06 in Karlskrona. NoviOcean Advantages Wave Energy Our Journey Future Goals Investor Portal 1 MW Hybrid Solution650 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! Click here Click here Click here Click here Click here Click here NoviOcean WECClean, Efficient, Affordable. AdvantagesClean, low-cost energy. Wave EnergyConsistent and high density renewable energy. Our JourneyFrom idea to clean energy revolution. Future GoalsExpanding clean energy, reducing costs. Investor PortalJoin us in shaping a sustainable future Previous Next