April 2008
WaveRoller No.2 started successfully energy production in Portugal.
Deployment of the second proto device in Peniche, Portugal opened a new chapter in AW-Energy s WaveRoller technology. WaveRoller No.2 represents latest version of the technology. Data collected during the test period will be used for verification of the CFD simulations and designing of the next generation active controlled WaveRoller unit. Also monitoring of sediment movements and fouling phenomenon will continue. First results will be available in July 2008.
The installation was completed on the 7th of April by co-operation of Portuguese professional divers and AW-Energy s dive team.
Compared to a year ago installed WaveRoller No.1, the device has numerous upgrades including more powerful hydraulic cylinder.
July 2007
Lena Group and AW-Energy establish a jointly owned company to harness wave energy !
Lena Group, one of the leading business groups in Portugal, through Eneolica, S.A., one of its companies, and AW-Energy Oy, a Finnish company commercializing it's state-of-the-art technology harnessing near shore bottom wave energy, have entered into an agreement to establish a jointly owned company to produce electricity from ocean waves in Portugal.
Parties took a substantial commitment to finance a 1 MW level power plant which will be build during 2008–2009. This plant will be based on the patented WaveRoller technology which has been built and tested successfully in Peniche Portugal and European Marine Energy Centre in Orkney, Scotland.
With this partnership Lena Group takes thus another important step towards establishing itself as a strong alternative energy player capitalizing it's strengths in construction and energy fields.
AW-Energy is satisfied in having found a strong local player which will be able to support the construction and operation of the first full scale wave energy plant.
April 2007
WaveRoller proto successfully installed in Peniche, Portugal
The Waveroller proto now successfully put in action was the first proto of the pilot plant which is to be constructed in Portugal in 2008.
The installation was completed on the 13th of April in co-operation with the Portuguese marine constructor SETH S.A.
March 2007
WaveRoller on breaking news on channel MTV3
On 4th of March AW-Energy Oy/ WaveRoller WEC was one of the headlines on MTV3 News.
Watch the full story edited by Krista Rastamo here.
(WEC = Wave Energy Converter)
January 2007
Investment from Sitra
Sitra, the Finnish Innovation Fund, invested in the commercialisation of WaveRoller technology.
October 2006
Grant from Tekes
TEKES, the Finnish Funding Agency for Technology and Innovation, has awarded AW-Energy a grant for WaveRoller technology development.