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Home > News > Portuguese Authorities awards CorPower Ocean a Ten-Year Marine License

Portuguese Authorities awards CorPower Ocean a Ten-Year Marine License

MTB Editor by MTB Editor
4th December 2020
in Energy, Marine, News
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Portuguese Authorities awards CorPower Ocean a Ten-Year Marine License
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CorPower Ocean, a wave energy technology developer, was awarded a 10-year license for a wave energy project in the Atlantic Ocean.

The TUPEM license – awarded by the national Directorate-General for Natural Resources (DGRM) – provides a ‘Permit for the Private Use of the Maritime Space’ up to 12 miles off the coast of Aguçadoura in northern Portugal.

CorPower Ocean Country Manager Miguel Silva said the permit unlocks the demonstration phase of the firm’s flagship HiWave-5 project, paving the way for a new class of high efficiency WEC products.

“CorPower has reached a series of milestones throughout 2020 and the TUPEM license is another significant step forward” he said. “This permit allows to kickstart the final phases of our demonstration work in the Atlantic Ocean, which will test our next generation WECs within the most aggressive and challenging maritime conditions.”

“The Aguçadoura coastal zone is a world-renowned site for marine renewable energy and has previously hosted the demonstration of floating offshore wind technology, now fully operational and supplying electricity to Portugal’s grid. There is huge potential for wave energy developments to deliver consistent and predictable clean electricity along the Portuguese coast, either as standalone wave farms or combined with floating wind.”

More about CorPower’s HiWave-5 Project

The HiWave-5 Project continues in northern Portugal following a decade of product development and three decades of research on wave hydrodynamics.

CorPower is currently fabricating its first commercial scale C4 WEC – 9x18m, weighing 60 tonnes with a 300kW power rating. Dry testing is scheduled for Spring 2021, before ocean installation in the second half of 2021. This will be followed by a cycle of testing and design updates to further develop the commercial stage C5 machines. A total of three C5 machines will then be installed in Aguçadoura in 2023 to form a grid-connected pilot array and secure type certification.

 

Image Credit: CorPower Ocean

Tags: CorPowerEnergyMarineRenewablesWave Energy
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