Company profile

AW-Energy company profile

The company develops and delivers technology for converting ocean waves to electricity. AW-Energy has developed WaveRoller - a fully submerged wave energy converter which utilizes wave surge phenomenon. This commonplace effect is observed in near-shore waters where the circular motion of water particles present in open sea waves changes into elliptical circulation due to more shallow bottom. Before the waves break, typically at the depth of 8-20 metres this elliptical motion is so flat that it is essentially a horizontal back-and-forth movement of water. WaveRoller device is a Panel anchored at its base on the sea bed. The back and..... For more information, log in to dureach.com to view the full company profile.

Business identity

Contact email
[email protected]
Phone number
358400681061
Operating status
Active
Company type
For Profit
Employee range
00011-00050 employees
Revenue range
$1K+
Founded
2002-01-01

Headquarters

Headquarters
Ceuta, Ceuta, Spain
Postal code
FI-01730
Country code
ES
Continent
Europe

Capital profile

Funding and company signals

Funding rounds
3
Total equity funding
$30.5M
Last funding
Series Unknown / $11.1M / 2016-07-18
Last equity funding
Series Unknown / $11.1M
Investors
7
Lead investors
1
Articles
10

Founders and investors

Lead investors

European Investment Bank

Investors

Aura GroupBusiness FinlandEuropean Investment BankEuropean UnionFortum

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Shipment data

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