Seabased, a Swedish/Norwegian company that builds and installs wave energy parks, plans to establish production facilities in Brevik.
The Brevik facility will build and test Wave Energy Converters (WECs) that will be part of several upcoming projects, including a 100 MW installment off the coast of Ada, in Ghana.
Seabased has also agreed to provide wave energy converters for projects in Sri Lanka and the Canary Islands.
“We are very excited about this factory,” said Ove Almås, vice president of production who will head the manufacturing facilities in both Sweden and Norway. “Deep harbor access in Brevik is something we can’t find on the west coast of Sweden near Lysekil. Norway has significant expertise in offshore energy and subsea industries. Swedish industry experience pairs well with that.”
Øivind Magnussen, Seabased CEO, added: “We intend to be a significant player in the emerging Blue Economy, both in Sweden and Norway.
“The Blue Economy Finance Principles for responsible investment stipulate that investments going forward should, essentially, benefit people, planet and profit, which is the motto of Seabased. Both Sweden and Norway are countries deeply committed to protecting the environment and the oceans and both have reputations for excellence in engineering and design.”