|8 November 2016|
Ten of Europe’s most exciting ocean energy developers have been granted free access to the continent’s premier testing sites to help accelerate the commercialisation of their technologies.
The high costs involved with testing early stage technologies is a major barrier for small and medium-sized enterprises (SMEs). The FORESEA (Funding Ocean Renewable Energy through Strategic European Action) Programme seeks to overcome this obstacle by providing access to test centres in North-West Europe where SMEs can properly assess their tech in real sea conditions.
Funded by the Interreg North West Europe programme, part of the European Regional Development Fund (ERDF) the €11m project is backed by the European Marine Energy Centre in Scotland, SEM-REV (France), SmartBay (Ireland) and the Stichting Tidal Testing Centre (Netherlands). These are the best in the region.
Patrik Moller, CEO of CorPower Ocean – a wave energy technology developer and recipient of a FORESEA award, said: “This FORESEA award is an important part of the financial package which will help us to fully capitalise on our installation at EMEC, leverage further investment, and progress towards the marketplace.”