Press releases AW-Energy secures MegaRoller EU research & innovation funding – Results to boost wave energy bankability
The 3-year MegaRoller project concentrates on developing a Power Take-Off unit for a 1MW device.
The collaboration project includes ten partners consisting of companies and research institutes. Received funding enables resources for research of innovative ideas aimed to benefit entire wave energy industry.
The granted funding for the project comes from the EU Horizon2020 program and is a total of 5 Million EUR. The goal is to produce a commercially feasible Power Take-Off unit for a 1MW device.
– Reliability and quality have been at the center of WaveRoller development. Now we are preparing to build on these solid foundations to extend the rating to 1MW with a team of world class expertise across Europe, says AW-Energy Product Quality and Certification Manager Tuula Mäki.