The Next Big Thing in Ocean Energy
Set to deliver the best of both worlds — saving the climate while generating major returns for investors and partners, two models
Medi Wave 850H (850KW) – Medium & Small Waves
Alta Wave 1000H (1MW) – Large & Medium Waves
NoviOcean Alta Wave 1000H Hybrid Energy Converter
“The day before something is truly a breakthrough, it’s a crazy idea.”
Peter H. Diamandis
Introducing NoviOcean Alta Wave 1000H
  • Producing 3 500 MWh / unit / 1050 households 3- 40 times better than competition
  • 31 kW Output/Per Mn EUR. Invested @TRL 7 5-50 times better than competition
  • 24/7: 16 kW Output/Valuation (Best Buy) 4 - 40 times better than competition
  • < €3.6 million : The CAPEX (capital expenditure) of NoviOcean's initial unit.
  • < €2 million , The CAPEX after 100 units.
More info about Alta 1000H

Alta Wave 1000H Energy Output

🌊 Wave
650 kW
💨 Wind
300 kW
☀️ Solar
50 kW
⚡ Total Output
1000 kW (1 MW)
NoviOcean Medi Wave 850H Hybrid Energy Converter
Powering 40% of the World's Coastlines with Revolutionary Hybrid Technology.
Medi Wave 850H, for Medium to Low Wave conditions, sample components
"For illustration only — the actual design to be shared in closer dialogues only"

Medi Wave 850H Energy Output

🌊Wave
300 kW
💨Wind
350 kW
☀️Solar
200 kW
⚡Total Output
850+ kW
The unit consists of:
  • Triangular Floating Structure with PTO, measuring 60x30 meters, only 150 tonnes
  • 14 separate floats, 5 x 2.5 meters, lifting up to 21 tons each, 300 kW
  • Seven 50 kW Vertical Axis Wind Turbines in the rear, 350 kW
  • 1 000 sqm of Solar Panels on top, 225 kW with option to increase to 2 000 sqm, 450 kW
  • Rated power 800 kW+
Due to confidentiality and patents not fully investigated, we can not show all here. After signed NDA some more can be revealed.
More info about Medi 800H
Maximizing Wave Energy: Covering 80% of Global Coastlines with Alta & Medi

NoviOcean’s Alta Wave 1000H and Medi Wave 850H solutions together cover 80% of the global coastline, unlocking massive wave energy potential. Alta Wave is designed for high-wave regions, covering 40% of coastlines, while Medi Wave targets medium and small-wave areas, covering another 40%. These two solutions deliver clean, reliable electricity at a lower cost than other offshore renewable sources. With a lighter structure and smaller sea footprint, they require 1/3 of the mass and sea area per output compared to offshore wind and 1/5 compared to floating solar, making them the most efficient choice for ocean-based renewable energy.

Five Global Innovation Competitions. Five Wins
EUR 10 000 Prize Money
the Swedish final of The 8th China (Shenzhen) Innovation & Entrepreneurship International Competition
EUR 90 000 Prize Money
EUR 90 000 Prize Money
EUR 10 000 Prize Money
Now open for Investments and / or TRL 7 Pilot Project Partnerships Proposal for Pilot Partnership

We need you! (For financing)
You need us! (For climate impact – and exceptional returns)

We need you! (For financing)
You need us! (For climate impact – and exceptional returns)

Welcome to requests data for your specific market focus
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1 MW Hybrid Solution
  • 650 kW Wave, 300 kW Wind, 50 kw Solar | 52 000 MWh/Year per km2
  • 40% Capacity Factor in medium location
  • Measuring 38 x 9 x 4 / 12 meters Weight 140 tons, lifting 600 tons
  • LCOE €250 -> €100 (after 100MW deployed) -> €70, continuing down
  • CFD (subsidies) in the UK now listed at €370, €250 in Taiwan
  • Benefits of Hybrid 45% Higher Output vs Only Wave power Combined use of structure, cables & moorings
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Added Values
  • Avoided Emissions : 2 700 tons CO2 eq./unit/yr
  • LCA : 9 kg CO2 eq./MWh 7% of EU grid average
  • Strong IP Protection Secured by 52 approved patents and Design Protection (3 patent families in 20 countries, 7 patents pending)
  • Multi-Award Winning Innovation
  • Validated and Confirmed Performance
  • 1:5 Scale Prototype
  • 24 months Test Rig at Royal School of Technology (KTH)
  • 6 Weeks of Wave Tank Testing (UK and France)
  • 14 months of Offshore Testing
  • 3rd Party Evaluation
  • All matching 100%
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Easy to Produce, Install, and Maintain
  • Simple Well Proven Parts
  • Modular Design
Environment
  • Low Visual and Audible Signature
  • Low Environment Footprint
Cost Efficient
  • Weight to Power: ½ vs Offshore Wind
  • LCOE 1/3 vs start of Wind & Solar
  • Power to Weight: 3-50x vs other Wave Energy
Cost-Effective Renewable Energy Solution
Eight Sectors for
NoviOcean Technology
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Further explanation is provided in the next slides for the Ports and Harbors, Offshore Oil Rigs, Desalination and Offshore Wind Farm markets
Ports and Harbors
Ports and Harbors
Short-Term & Long-Term Target
Reduce your environmental footprint, achieve energy independence, and comply with regulations.
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Offshore Oil Rigs
Offshore Oil Rigs
Short-Term & Long-Term Target
Cut diesel reliance, minimize emissions, and ensure continuous, scalable power for your operations.
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Desalination Plants
Desalination Plants
Short-Term & Long-Term Target
Generate clean energy to power desalination processes, reducing costs and environmental impact in arid regions.
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Remote Islands
Remote Islands
Short-Term & Long-Term Target
Break free from expensive diesel, embrace sustainability, and attract eco-conscious tourism.
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Remote Coastal Regions
Remote Coastal Regions
Short-Term & Long-Term Target
Harness the vast wave energy potential, complement existing renewables, and significantly reduce energy costs and emissions.
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Offshore Wind Farms
Offshore Wind Farms
Long-Term Target
Capitalize on regulatory advancements, integrate wave energy for complementary power generation.
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Larger Coastlines
Larger Coastlines
Long-Term Target
Utilize our technology for diverse coastal applications, ensuring stable and renewable energy across various conditions.
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Hydrogen Production
Hydrogen Production
Long-Term Target
Power clean hydrogen production with reliable, renewable energy, positioning yourself for a thriving clean energy market.
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Ocean energy industry expected to hit
€53bn per year by 2050
NoviOcean solution
Serviceable Obtainable Market
Early accessible market
Contracted by 2030
20 MW
Deployed by 2030 Target by European Commission FF55
€ 0 Billion
Deployed By 2055
25% of European Market, 20% of Outside Europe
1 GW
€ 1 Billion
Total Addressable Market
Global 2055
0 GW
Deployed Ocean Energy in 2055 Global IRENA
€ 0.2 Trillion
Journey so far - Validation of Functionality & Technology
Alta Wave 1000H Timeline
Title: "Wave of Success: Novige AB Clinches Mission Innovation Champions Award" Subtitle: "Revolutionizing Clean Energy with Cutting-Edge Wave Power Technology"
STAGE 1 (TRL 1-3)

2016 - 2017- 2018

Concept Validation

Prototype NoviOcean No1 Scale 1:7

COMPLETED

NoviOcean NO1 Prototype COAST Laboratory Tank Testing MaRINET2 Initiative European Union H2020 Framework Programme
STAGE 2 (TRL 4-5)

2019 - 2020- 2021

1:6 Scale Prototype

0.9 M€

COMPLETED

STAGE 3 (TRL 6)

2022 - 2023- 2024

1:5 Scale Prototype

2 M€

COMPLETED

STAGE 4 (TRL 7)

2025 - 2026- 2027

1:1 Scale Pilot Project

4 M€

voviocean wave
STAGE 5 (TRL 8)

2028 - 2029- 2030

Pre-commercial Array

NoviOcean solution
COMMERCIAL (TRL 9)

2031 - 2032

Commercial Deployment

Medi Wave 800H Timeline
STAGE 4 (TRL 7)

2025-2026

1:1 Scale Pilot Project

Project Costs

5 M€

STAGE 5 (TRL 8)

2027-2028

Pre-commercial Array

Project Costs

5 M€

STAGE 6 COMMERCIAL (TRL 9)

2029 =>

Commercial Deployment

Project Costs

5 M€

Key highlights – NoviOcean adheres to a globally recognized Product Build, Test, and Commercial Deployment Methodology (TRL) Prototype connected to a local grid powering a small island 24 Months in Test Rig at Royal School of Technology (KTH) 6 Weeks of Wave Tank Testing (UK and France) 18 Months testing in Actual Offshore Conditions Third Party Simulations validates the performance Triple Patents secured for 20 relevant markets** Design of Full-Scale Unit well underway
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NoviOcean Growth Timeline

📌 Future Business Areas:

🏝 Desalination

☀ Floating wind & solar 

🌊 Wave-only power

🏞 Lakes & small oceans 

📜 Licensing model 

🤝 Partnerships

🛠 Prototype Development

  • Build 1:1 scale proof of concept

  • Revenue: ~1M€

  • Employees: ~10

📈 Commercialization & Scale-Up
  • Revenue: ~20-30M€
  •  
  • 40% Gross Profit, 10% EBITDA
  •  
  • Employees: ~50
  •  
  • Start of large-scale production & partnerships
🌍 Global Expansion & Next-Gen Systems
  • Core business in NA, EMEA, China, Japan/Korea
  •  
  • Expansion into South America, Africa, SEA/Oceania
  •  
  • Revenue: ~200M€
  •  
  • 45% Gross Profit, 15% EBITDA
  •  
  • Employees: ~1,000
  • 1 MW Hybrid Offshore Energy Converter
  • Well Proven Components with High Conversion Rate
  • Simple & Light Weighted Design
NoviOcean Vs Competitors by the Numbers
Floating non-resonant hybrid, wave, wind & solar energy converter
Output per Tonne shows the Cost effectiveness/Tonnes of Material, normally Steel.
For the sake of Simplicity, we have assumed all Solutions have reached TRL7

Avg. KW Output/Tonne : 2.9

Avg. kW Output/Per Mn EUR. 31

Avg. KW Output/ Valuation (Best Buy) : 16

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Why NoviOcean?
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  • PROFIT

    Generate profit due to incentives from unit no. 2

  • HYBRID

    Unique triple wave-wind-solar hybrid sharing structure, moorings & subsea cables

  • LIFTING 600 tons

    Only device having a rectangular float, lifting 600 tons

  • HYDRAULIC CYLINDER

    Only device using the well proven hydraulic cylinder to extract such high force

  • RPM

    Only structure using the well proven Pelton turbine to convert the slow wave motion to high generator RPM

  • X4 CONSIDERABLY HIGHER OUTPUT

    Delivers 4x the output of any other validated concept

Unbeatable Efficiency:
  • Starting at 1/3´d the costs of wind power
  • 2x power-to-weight ratio vs Offshore Wind , therefore way better energy-to-cost potential
  • More power for less: €9 million total for the TRL 7 project for Alta Wave and €2.5 million for Medi Wave delivers 3-50x the output of other concepts
  • We will spend 15% of what the most well-known competitor has spent, with 4x the output. The reason; simple main system, few and simple parts, water to metal for low wear, and easy conversion to high RPM.
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NoviOcean Goals and Objectives
NoviOcean solution
  • To deliver stable energy from the oceans at a lower price than offshore wind
  • To play a vital role in mitigating the climate crisis in a huge global market
  • NoviOcean Objectives 2030 500MW contracted (€1.5 billion)
  • 20 GW (€70 billion) deployed by 2055, 25% of European market.
    This is only in Europe. Global addressable market is 10x larger.
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COP28 did not deliver as needed
“Our goal is to make the annual profit of using NoviOceans so high, that it by itself will be the catalyst for deployments in the thousands.”
Jan Skjoldhammer, CEO / Founder / Inventor
COP28 did not deliver as needed
“Our goal is to make the annual profit of using NoviOceans so high, that it by itself will be the catalyst for deployments in the thousands.”
Jan Skjoldhammer, CEO / Founder / Inventor
Podcasts - Interviews - News
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🌊 NoviOcean Wins First Prize at Global Innovation Competition! 🎉
Going Green Media Visits NoviOcean in Sweden
Q&A with the Founder of NoviOcean | Green Tech Media
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  • All
  • News
🌍 Jan Skjoldhammer: From Airline Captain to Renewable Energy Pioneer Explore the remarkable journey of Jan Skjoldhammer, CEO of NoviOcean, as he transitions from a successful career as an Airline Captain to leading innovation in renewable energy. In this in-depth article by AllAroundWorlds.com, discover how Jan's passion for sustainability led to the development of the Hybrid Ocean Energy Converter, a groundbreaking technology harnessing ocean energy to address global energy challenges. Article by AllAroundWorlds.com - 08.31.2024
Interview, News

Jan Skjoldhammer’s Visionary Journey: From Airline Captain to Renewable Energy Innovator

31 August, 2024

Jan Skjoldhammer’s Visionary Journey: From Airline Captain to Renewable Energy Innovator Article by AllAroundWorlds.com – 08.31.2024 Welcome to a new and inspiring journey on AllAroundWorlds.com! Today, we invite you to explore the remarkable story of Jan G. Skjoldhammer, a visionary who has transitioned from a successful career as an Airline Captain to becoming a leading force in the renewable energy sector. With a background that includes business expertise,...

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INNOVATION A wave power plant that can be combined with wind power and solar cells. Last autumn, the Swedish company NoviOcean by Novige won the Startup4Climate competition with its innovative power plant. Now the company's founder Jan Skjoldhammer hopes that the company can scale up the solution in collaboration with offshore wind farms.
News, Press Release, Status Updates

The hybrid plant that combines wave, wind and solar power

10 March, 2024

The hybrid plant that combines wave, wind and solar power ANN-SOFIE BORGLUND Wave Power Meets Wind and Solar: A Hybrid Power Plant for the Future INNOVATION A wave power plant that can be combined with wind power and solar cells. Last autumn, the Swedish company NoviOcean by Novige won the Startup4Climate, competition with its innovative power plant. Now the company’s founder Jan Skjoldhammer hopes that the company can scale up the...

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1 MW Hybrid Wave Wind Solar Converter (targets the specific technology) Offshore Renewable Energy (focuses on the application area) Sustainable Investment Opportunity (highlights the financial aspect for investors) Wave Energy Efficiency (emphasizes the technical advantage) Clean Energy Production (targets the overall benefit)
News, Status Updates

NoviOcean : NOW OPEN FOR INVESTMENTS AND PARTNERSHIPS

7 March, 2024

NoviOcean : NOW OPEN FOR INVESTMENTS AND PARTNERSHIPS NoviOcean: Power Up Your Future Harnessing the Ocean’s Power: Introducing our revolutionary 1 MW Hybrid Wave, Wind & Solar Converter! Read More This game-changer doubles energy output from offshore wind farms while ensuring stable supply. Imagine regions powered by clean, consistent energy – that’s NoviOcean’s vision! We’re at TRL 7, on track for full-scale production. Join us as an investor...

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F.A.Q.

NoviOcean’s innovative Hybrid Energy Converter (Alta/Medi Wave) 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. 

NoviOcean (Alta/Medi Wave) 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.

Noviocean (Alta/Medi Wave) 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.

NoviOcean offers competitive development costs, with LCOE reaching €55/MWh after only 50 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.

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, for both Alta Wave and Medi Wave

NoviOcean aims to deliver stable ocean energy at a lower cost than offshore wind and secure 0.5 GW of contracted capacity by 2030.

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.