Waves4Power has signed an agreement with the Norwegian company Stryvo Group covering full-scale series production of Waves4Power’s new wave energy system ‘Next Generation’.
The production site will be the former shipyard at Fiskåholmen in the municipality of Vanylven on the Norwegian west coast.
Production is expected to begin in spring, 2018.
“We are very pleased with Stryvo’s offer of a suitable production site and resources for our new wave energy system Next Generation of our wave power system,” said Ulf Lindelöf, CEO Waves4Power.
“We are ready to start production as soon as the Next Generation leaves the drawing board and are aiming at spring 2018,” Jostein Boe, CEO Stryvo Group added.