Vinnova funding for NoviOcean, wave power developer
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 5 February 2024 Vinnova funding for NoviOcean, wave power developer Accelerating Progress in Sustainable Energy Solutions The illustration published with the original post.For illustration only — the actual design is shared in closer dialogues. Published as Novige AB. The company is now NoviOcean AB. 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 Originally published on the NoviOcean news page; the archive entry carries the date 5 February 2024. The grant, the prototype status and the test programme described are as reported at the time of writing. Text restored verbatim from the WordPress export and re-marked in the V2 design, August 2026. Related on noviocean.energy/ Awards & Support The recognition record and the public funders behind the programme. Validation The development journey, offshore testing, the NO3 scope and model validation. Investor Relations The capital-efficient route to full-scale validation and commercialization. Grants got it measured. The next phase gets it built. Phase budgets, the financing route and the current investor material are shared in controlled, dated material after an introductory meeting. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.
NoviOcean NO1 Prototype Dry Testing & Improvements
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Video 5 February 2024 NoviOcean NO1 Prototype Dry Testing & Improvements November 2020, KTH Royal Institute of Technology, Stockholm, Sweden The illustration published with the original post. For illustration only — the actual design is shared in closer dialogues. Originally published on noviocean.energy/ on 5 February 2024 as “NoviOcean NO1 Prototype Dry Testing & Improvements”. The text above is the original post, reproduced from the WordPress export: a dateline, the illustration and the film, with no body copy. Video on the NoviOcean YouTube channel. Related on noviocean.energy/ Validation Six development stages, offshore testing, the NO3 scope and model validation. Technology How a rising float becomes electricity, and why the parts are deliberately old. Team The people behind the programme, including the KTH engineering line. Six years of test runs sit behind one platform. The measurements, the model correlation and what each stage did and did not prove are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.
NoviOcean, an award-winning innovation
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 5 February 2024 NoviOcean, an award-winning innovation NoviOcean, saving the climate with profitable wave power. For illustration only — the actual design is shared in closer dialogues. Published as Novige AB. The company is now NoviOcean AB. https://www.youtube.com/watch?v=pUBIEbAjddM https://noviocean.energy/ Originally published on noviocean.energy/, 5 February 2024. The body is the original post — a video and its one-line caption — reproduced from the WordPress export; no figure in it was changed. Related on noviocean.energy/ Awards & Support The full recognition record, and what an award is and is not. Validation The development journey, offshore testing, and exactly what NO3 validates. Technology How a rising float becomes electricity, and why hybrid changes the maths. Juries were convinced. Bring us your harder questions. The offshore measurements, the model correlation and the current investor material are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.
Cimpatico Studios – Novige AB´s Novel Approach (NoviOcean) to Cost Effective Wave Power.
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Media coverage 5 February 2024 Cimpatico Studios – Novige AB´s Novel Approach (NoviOcean) to Cost Effective Wave Power Jan G. Skjoldhammer Discusses NoviOcean’s Novel Approach to Sustainable Energy Solutions Published as Novige AB. The company is now NoviOcean AB. Jan G. Skjoldhammer of NOVIGE AB speaks with Doug Parsons about Cost-effective #WavePower on the Climate Adaptation channel. Cimpatico Studios produces live-stream talk shows about complex global challenges, featuring professionals from around the world who are working on these issues. All of Cimpatico Studios’ episodes are streamed directly to cimpatico.tv, an invite-only professional network designed to help professionals share knowledge and coordinate their efforts to improve outcomes of common interest. Check out the other interviews and poke around Cimpatico! Make sure to sign up here https://lnkd.in/gfWSi5X to view live and recorded conversations, and interact with the guests. Originally published on the NoviOcean news archive, 5 February 2024. Related TechnologyHow it worksBuoyancy, a valve, trapped air and a Pelton turbine — the whole chain in five steps. ProductMedi Wave 850HThe current product: one structure carrying wave, wind and solar. ArchiveInsights & NewsInterviews, company news, media coverage, videos and selected reports. Six years on, the argument is easier to check. The hardware record, the model it feeds and the current stage are all on the site — and the rest is a conversation. Tell us which side you are on and we will bring the right people. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.
Marine Energy Alliance and BlueInvest in collaboration with Novige
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 4 February 2024 Marine Energy Alliance and BlueInvest in collaboration with Novige Accelerating Marine Energy Innovation for a Sustainable Future Navigating Success: Novige’s Collaboration with Marine Energy Alliance and BlueInvestFor illustration only — the actual design is shared in closer dialogues. Published as Novige AB. The company is now NoviOcean AB. Navigating Success: Novige’s Collaboration with Marine Energy Alliance and BlueInvest Marine Energy Alliance (MEA) is a European collaborative project for innovations in marine energy technology. The purpose of the project is to give a number of companies in marine technology the opportunity to accelerate commercialization. Through its participation in MEA, Novige AB will have access to world-leading expertise in marine energy development as well as the opportunity to work closely with a cross-border team of marine experts. At the same time, the European community BlueInvest joins Novige. – We are of course very happy about these two collaborations, as it will increase our competence in the business, but also specifically contribute with technical analyzes. The competition regarding support for projects from these actors is very fierce and we are therefore extremely proud to be selected. When we now both receive awards and are selected for these programs, it is a confirmation that more and more very significant players are beginning to see both the potential and the scalability of our product. It means a lot to us that BlueInvest sees the potential in marine technology in general and NoviOcean specifically, says Jan Skjoldhammer, owner, and founder of Novige. Earlier this summer, Jan Skjoldhammer was awarded the prestigious Mission Innovation Champion title for Sweden, the first in marine energy. Novige AB has recently received a quality award in a non-competition category, the “Seal of Excellence” from the European Commission with the assessment “A high quality project”. Jan Skjoldhammer is also nominated for “Inventor of the Year” by Guldstänk, and for the 33-list / Ny Teknik. About MEA and BlueInvest The MEA consortium includes the Dutch Marine Energy Center (DMEC), the European Marine Energy Center (EMEC), the Center for Marine and Renewable Energy (MaREI), the Ecole Centrale de Nantes (ECN), Exceedence, INNOSEA, the Maritime Research Institute Netherlands (MARIN) and University of Edinburgh. The MEA project has a total budget of EUR 6 million and is financially supported by Interreg North West Europe, which provides EUR 3.6 million from ERDF financing. Via the European Commission, BlueInvest is an exclusive coaching program for small and medium-sized companies with great potential for innovative and sustainable products and solutions in marine energy. The project has a clear focus on giving the carefully selected companies tailor-made business support. Published in the NoviOcean news archive on 4 February 2024, under the company’s former name Novige AB. Rebuilt in the V2 design; the wording is the original post. Related EvidenceValidationThe development journey, offshore testing, the NO3 scope and model validation. CompanyPartnersWind Harvest, Midsummer and conventional shipyard construction. Next stepBook a meetingProject, investor and strategic-partner conversations. Where does a platform like this fit on your coastline? Project teams, investors and strategic partners each get a different conversation. Tell us which one you need and we will bring the right people. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.
Green Tech company Novige winner of prestigious Mission Innovation Champions
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 4 February 2024 Green Tech company Novige winner of prestigious Mission Innovation Champions Revolutionizing Clean Energy with Cutting-Edge Wave Power Technology For illustration only — the actual design is shared in closer dialogues. Published as Novige AB. The company is now NoviOcean AB. Wave of Success: Novige AB Clinches Mission Innovation Champions Award Mission Innovation (MI) was launched at the Paris Climate Conference 2015 and is a global initiative of 24 countries and the European Commission. The Mission Innovation Champions award was established with the purpose of speeding up the pace of innovations in clean energy and is a global platform for sustainable energy solutions. This prestigious award is being awarded for the second year in a row, with this year’s winner being the Swedish wave power company, Novige. For centuries, attempts have been made to extract energy from the seas, but none have so far been proven to be economical. The fact that this jury, consisting of highly qualified professors and doctors in the field, chose Jan and his product as the very first marine energy solution, gives a hint about what is about to happen. – This is a long-awaited acknowledgment of the fact that our solution will accelerate the necessary energy revolution. The potential for wave power is enormous. It is an honor to be awarded this award and we look forward to being able to continue the development and eventually see our units produce huge amounts of clean and stable energy in all continents, says Jan Skjoldhammer, owner and founder of Novige AB. The 21 award nominees are comprised of both research and innovation as well as private players, with the common focus being innovations that drive the energy revolution intending to make energy more reliable, cleaner, cheaper, and more efficient. The jury consists of reputable experts from all over the world, all with long experience and expertise in the energy sector. The 21 Champions work in a variety of energy-related fields and industries. They are individuals with a track record of progressing creative new ideas that can drive the pace and scale of the clean energy revolution — they are the people inventing the products and services of the future or discovering the science that underpins them. “The Champions were selected through a rigorous international competition, including peer-to-peer reviews and evaluations by a diverse panel of experts from around the globe. Applications were evaluated based on the audaciousness and creativity of the ideas or solutions proposed, their potential impact and the vision of the candidates towards addressing climate change challenges in the energy sector through innovation. The digital launch ceremony for Mission Innovation Champions was held today on June 12 and was led by Mariya Gabriel, EU Commissioner for Research, Innovation, Education, and Culture. Key Note speaker was Javiera Aldunate Bengolea, Head of the Foreign Affairs office of the Ministry of Energy of Chile. Published in the NoviOcean news archive on 4 February 2024, under the company’s former name Novige AB. Rebuilt in the V2 design; the wording is the original post. Related RecognitionAwards & SupportEvery award, what it recognised, and the funders behind the programme. EvidenceValidationWhat has been measured, at what scale, and over how long. CompanyAbout NoviOceanThe systems-integrator argument, the team and the founder’s goal. Recognition is not evidence. The evidence is separate. Tank testing, test-rig hours, offshore months and the current demonstrator are all on the record. Ask for the detail, or bring us a site. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.
Economic success gave chance to change the energy industry
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Insight 4 February 2024 Economic success gave chance to change the energy industry Jan Skjoldhammer’s Vision to Transform Energy with Innovation and Sustainability For illustration only — the actual design is shared in closer dialogues. Published as Novige AB. The company is now NoviOcean AB. After an economic success at a land deal, the plan was crystal clear for the environmentally engaged airline captain Jan Skjoldhammer. Instead of settling down, or continuing to fly, he decided to do something more meaningful with his time and capital. He would develop an innovative and revolutionary wave energy converter (WEC) with the potential to change the entire energy industry. Given Jan’s background as a pilot, he has a burning passion as well as deep expertise in engines, technology, the sea, and large powerful machines. This, combined with both his willingness and ability to contribute to technical solutions, initiated the idea of a high-performing wave energy converter. Wave energy technology, as such, is not new; it has been experimented with for a few hundred years but without any remarkable success. Other wave energy converters are, of course, out there, but usually, they are too heavy, fragile, complex, and expensive to manufacture, and above all, they provide far too little electrical energy. – I decided on a completely different approach with the conviction that to succeed, it must be lighter than others, to bring down the cost and to keep it so high in the water that it is not torn by the waves. Likewise, it should be simple, based on well-known technologies, have few parts, and have high efficiency, and not the least, be inexpensive in relation to its output, says Jan Skjoldhammer. With an awareness that solar and wind power will not suffice for the increased energy demand as well as the knowledge about the oceans’ potential, the foundation for the NoviOcean wave energy converter by Novige was established. – I and the team are convinced that different technologies complement each other, which is a must if we are to solve the climate challenges and the problems surrounding energy access, concludes Jan Skjoldhammer. Originally published on the NoviOcean news archive, 4 February 2024. The original wording is reproduced here unchanged. Related CompanyAbout NoviOceanWhy a systems integrator, and what the founder set out to do. FundingAwards & SupportThe grant funders, the public support and what recognition is not. InvestorsInvestor RelationsThe capital-efficient route to full-scale validation, and how to start a conversation. The next phase is a full-scale pilot, not a prototype. Investors, utilities and project developers each get a different conversation about how that gets built. Start with an introductory meeting. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.
Application Mission Innovation Champion
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Insight 4 February 2024 Application Mission Innovation Champion 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. For illustration only — the actual design is shared in closer dialogues. F.A.Q. 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 customer LCOE of about 4–8 c€/kWh at the first commercial units, falling to 2–5 c€/kWh at 200–1,000 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 6–7), with the 1:1 scale pilot as the next phase, 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. Published in the NoviOcean news archive on 4 February 2024, from the company’s Mission Innovation Champion application material. The original wording is reproduced here; the two marked corrections are listed at the foot of this file. Related TechnologyHow it worksFrom a rising float to a Pelton turbine, in five steps. ProductMedi Wave 850H300 kW wave, 350 kW wind, 200 kW solar — 850 kW from one structure. Try itInteractive simulatorPick a market, set the array size, see an illustrative scenario. The questions have not changed. Ask them in person. A first conversation covers the site, the configuration and what would have to be true. Project, investor and partner routes are all open. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.
NoviOcean NO1 Prototype (by Novige AB) during Tank Testing
Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Video 4 February 2024 NoviOcean NO1 Prototype (by Novige AB) during Tank Testing Exploring NoviOcean’s Innovation in the COAST Laboratory under EU Funding Published as Novige AB. The company is now NoviOcean AB. The illustration published with the original post. For illustration only — the actual design is shared in closer dialogues. In this video, we show you a glimpse of the rigorous tests on our NO1 prototype in the highly equipped COAST Laboratory Ocean Basin, Plymouth, UK, under the MaRINET2 initiative. The tests were performed during two weeks of March 2020. The research leading to these results has received funding from the European Union Horizon 2020 Framework Programme (H2020) under grant agreement no 731084. Originally published on noviocean.energy/ on 4 February 2024 as “NoviOcean NO1 Prototype (by Novige AB) during Tank Testing”. The text above is the original post, reproduced from the WordPress export. Video on the NoviOcean YouTube channel. Related EvidenceValidationThe six development stages, offshore testing, NO3 scope and model validation. TechnologyHow it worksThe float, the pressure, the hose and the Pelton turbine. ArchiveInsights & NewsCompany news, media coverage, videos and selected reports in one place. Scale evidence is on the record. The full-scale pilot is next. The measurement history, the model it feeds and the plan for the first customer pilot are all worth a conversation. Bring us a site, or bring us questions. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.