Category: Press Release

NoviOcean Triumphs in StartUp4Climate Award, Secures 1M SEK Prize

In a notable victory for renewable energy innovation, NoviOcean has won the prestigious StartUp4Climate award, securing a substantial prize of 1 million Swedish Krona (SEK). The award, celebrated for its prominence in the energy sector, recognizes groundbreaking efforts in climate change mitigation. The announcement was met with great enthusiasm by our team, who expressed their pride and gratitude for this recognition. This achievement not only underscores the company’s commitment to sustainable energy but also highlights

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

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

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

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