Agreement to test and develop wave energy device in Brittany waters offers local economic opportunities

September 20th, 2013 by AW-Energy oy

igning of the agreement , wit from left to right o   John Liljelund, CEO de AW-Energy, o   Frédéric le Lidec, Director of marine energies business unit, DCNS o   Risto Penttinen, Vice President, Strategic Ventures, Power Division, Fortum o   Philippe Stohr, Country Manager,  Fortum France (click image to expand - image ©AW-Energy)

The signing of the agreement- left to right: John Liljelund, CEO of AW-Energy; Frédéric le Lidec, Director of marine energies business unit, DCNS; Risto Penttinen, VP, Strategic Ventures, Power Division, Fortum; and Philippe Stohr, Country Manager, Fortum France (click image to expand – image courtesy of and ©AW-Energy)

Fortum, DCNS and AW-Energy have signed a development agreement in wave power research and development with the support of La Région Bretagne.

The companies will develop a joint 1.5 MW wave power demonstration project using AW-Energy’s WaveRoller™ technology, which has been extensively patented.

Fortum will develop the project and owns the demonstration park, and DCNS will manage the site development and construction work.

WaveRoller™offers good opportunities for industrial development in La Région Bretagne’s economy and huge possibilities internationally as well.

The WaveRollerTM being installed and tested off the Portuguese coast in 2012 (click image to expand - image courtesy of and ©AW-Energy)

The WaveRollerTM being installed and tested off the Portuguese coast in 2012 (click image to expand – image courtesy of and ©AW-Energy)

The agreement signed by Fortum, DCNS and AW-Energy, which see significant opportunities for long-term growth in wave energy, is an extension to the wave power research and development collaboration initiated in 2011 by DCNS and Fortum.

Matti Ruotsala, Fortum’s Executive Vice President, Power Division, said “this demonstration project is an ingenious European industrial match combining the best of Finnish and French expertise in renewable energy.”

“For the very first time, we can now bring together Fortum’s expertise in CO2 free power production, DCNS industrial expertise in marine energy, AW-Energy’s technology solution and the commitment of La Région Bretagne,” he said.

“Together, we can truly create new renewable energy for Europe.” Mr Ruotsala said.

Thierry Kalanquin, Senior Vice-President Services and Marine Energy, DCNS, said “wave power is an important part of DCNS development of sustainable energy solutions.”

“This far-reaching agreement is a strong commitment to participate in the development of WaveRoller™,” he said.

“By investing our know-how in this cooperation we aim at securing our position in the emerging marine renewable market,” Mr. Kalanquin said.

A schematic showing the WaveRollerTM technology in situ on the sea bed (click image to expand - image coutesy of and ©AW-Energy)

A schematic showing the WaveRollerTM technology in situ on the sea bed (click image to expand – image coutesy of and ©AW-Energy)

John Liljelund, CEO of AW-Energy, said “this is an important milestone towards the commercialization of the WaveRoller™ technology.”

“The long-term agreement paves the way for making WaveRoller™ an economically feasible solution to produce blue energy worldwide,” he said.

“Wave energy is indeed the world’s densest renewable energy sources, with huge power generating potential.”

“We are excited to be able to take advantage of the excellent skills of our partners” Mr Liljelund said.

Mr Dominique Ramard, Vice President Energy, Bretagne Region, said “marine renewable energies offer an important industrial opening for Brittany and we intend to make the most of this.”

“A race against the clock has begun, with major projects expected in the next few years.”

“WaveRoller™offers Brittany an exceptional opportunity to play a driving role in the creation of a new industry,” Mr Ramard said.

 

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