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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

NoviOcean / Novige AB nominated as one of six for the final round of Stena Line’s Propeller Prize

ovige AB Secures 4.25 Million SEK Funding to Propel NoviOcean Wave Energy Development “Accelerating Progress Toward a Sustainable Future NoviOcean / Novige AB nominated as one of six for the final round of Stena Line’s Propeller Prize 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

Wave energy developer Novige AB moving forward, awarded 4.25 million SEK

Exploring the Potential and Strategies for Sustainable Wave Power

ovige AB Secures 4.25 Million SEK Funding to Propel NoviOcean Wave Energy Development “Accelerating Progress Toward a Sustainable Future Wave energy developer Novige AB moving forward, awarded 4.25 million SEK Novige AB, with its concept NoviOcean got a budget of 5.6 MSEK approved by the Swedish Energy Agency, where 1.35 will be provided by the company. 1.1 MSEK will go to Uppsala and KTH University for further research and work into various aspects of the novel concept. Presently the development is at TRL 5/6, the unit having been prototype tested in both wave tank and offshore in its basic version, scale 1:5. The funding will provide means for further fine-tuning of the float and PTO/machinery, to increase effectiveness and prolong lifetime for various components. –  To be able to stay below 1.5 to 2 degrees Celsius of global warming, it is crucial to also utilize the enormous potential of the oceans very soon, not in two decades from now. Therefore, we need to move fast, and NoviOcean has an unusual potential to succeed in this. Funding being crucial to move forward quickly. Many companies sponsor motorsport or athletes, but these days, what can be more important or meaningful than to sponsor companies that work hard to “save the climate”? What can we offer in return besides saving the climate? We can offer visits to our test rig at KTH, to our test site outside Stockholm, a place in our advisory board, use of our logo and monthly ZOOM events with your employees so they will be part of this important and motivating journey. Finally, when the full size 25 x 7-meter unit is at sea in three years, visits on board for a large number of employees as well as your VIP guests. Your customers and contacts will definitely appreciate your action!  Welcome to contact us for a chat of how to possibly arrange this.” says Jan Skjoldhammer, CEO and founder of Novige AB. Please visit our “Donors” tab on the homepage, for companies or individuals. Any amount is welcome, once or monthly, and you too will be a part of “saving the climate”. 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 (NoviOcean) Interview with The Salty Hands

Novige's Introduction for Stena Line's Propeller Prize

Waves of Innovation: A Conversation with Novige’s CEO on NoviOcean’s Wave Energy Converter Exploring the Potential and Strategies for Sustainable Wave Power Novige AB (NoviOcean) Interview with The Salty Hands Join Novige’s CEO/Founder, Jan Skjoldhammer, in his interview with The Salty Hands about our innovative wave energy converter (WEC), NoviOcean, the potential, and our strategies for “saving the climate with profitable wave power”. Link to The Salty Hands Channel: https://www.youtube.com/channel/UCeEe6N3iJgGM1gf7-L8je9A/featured 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

Vinnova funding for NoviOcean, wave power developer

Empowering Innovation: NoviOcean Receives Vinnova Funding for Wave Power Development Accelerating Progress in Sustainable Energy Solutions Vinnova funding for NoviOcean, wave power developer Last week, we got the green light from Vinnova regarding a 900K SEK grant for the “Innovative Startups phase 2” programme. With Vinnova’s support, we will be able to further improve the design and function of our prototype unit (NO1). We will also evaluate and connect with future potential suppliers as well as update our IP strategies and business plan. – Moreover, a critical aspect of our work during the “Innovative Startups phase 2” project will be to focus on deepening our understanding of the market needs and improving our cost estimates. We will also focus on effective engagement with our partners and potential customers, says Jan Skjoldhammer CEO and founder of Novige AB After testing the prototype for 2 weeks in the wave tank plus 6 weeks offshore, we have now gained invaluable insights on how we should tweak the PTO (Power Take Off) design for even better performance. The prototype is now back at our test rig (built using a previous grant from Åforsk) at KTH Royal Institute of Technology. More dry tests are being planned to be performed under another project. Please watch our showcase video here We invite journalists, market actors, philanthropists, and foundations who are interested in joining us in “saving the climate with profitable wave power” to contact us and possibly come and see the NO1 prototype at KTH in Stockholm. For more information, please contact Jan Skjoldhammer Jan.skjoldhammer@noviocean.energy 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