NewEnergyNews More: Wave Energy Gets Lloyd’s Approval For First Time

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  • Monday, July 25, 2016

    Wave Energy Gets Lloyd’s Approval For First Time

    Lloyds grants first wave energy technology qualification

    14 July 2016 (Offshore Engineer)

    “Following more than two years of cooperation, Lloyd's Register has awarded its first Technology Qualification certificate to a developer of ocean energy technology, AW-Energy in Finland…Wave energy is [a predictable and significant] untapped resource of clean renewable energy globally, with a potential greater than the capacity of all the installed fossil fuel plants in Europe combined…AW-Energy has been developing WaveRoller technology for over 15 years and the engineering team since early 2014 has cooperated with Lloyd's Register on the Technology Qualification process for certification…[This qualification for bankability] paves the way to commercialization for the wave energy industry…” click here for more

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