Novige’s pitch:
Our goal is “Saving the climate with profitable wave power” with our wave energy converter concept, NoviOcean, which extracts renewable electricity from ocean waves. NoviOcean is unique due to the use of a few, simple, light, and strong subsystems that have been well-proven in other industries (e.g., hydropower) for centuries. We call it the “inverted hydro power plant at sea”, with the ocean acting as a never-drying dam.
Moreover, NoviOcean utilizes a rectangular float (as opposed to circular) which significantly improves the lifting capacity by a factor of 4-10 vs. the competition. All the above enable it to produce stable electricity, at a lower cost compared to other marine energy concepts.
NoviOcean by Novige AB
Climate love
