CorPower Ocean

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CorPower Ocean

High Efficiency Wave Energy CorPower Ocean has developed a compact high-efficiency Wave Energy Converter, inspired by the pumping principles of the human heart.

Using phase control technology the Wave Energy Converters operate in resonance with the waves, giving 5 times more energy per ton compared to the previous state-of-the-art.

02/06/2026

CorPower Ocean is joining the European Innovation Council Summit 2026 in Brussels bringing together innovators, investors, policymakers and industry leaders focused on strengthening Europe’s innovation ecosystem and industrial competitiveness.

The event will be attended by our CEO Patrik Möller, Head of Communications & Public Relations Linda Nyberg and Technical Business Developer Carl Pavia.

To hear more about CorPower Ocean join us on June 4, 10:45–11:15 at the Leaders Stage panel discussion “Will this energy crisis be a growth catalyst for European clean tech?” where Patrik will talk about the role of innovation in accelerating Europe’s energy transition and industrial resilience. You can also meet our team in stand A6.

The summit provides an important forum for dialogue on scaling deep-tech solutions, mobilising investment and advancing resilient renewable energy systems across Europe. We appreciate the opportunity to contribute to discussions and engage with partners working to accelerate sustainable industrial development and clean energy innovation.

25/05/2026

2025 marked an important year for CorPower Ocean as we continued the efforts towards commercial-scale deployment of wave energy technology.

Our newly released Annual Report highlights progress across the business from operation of the CorPower C4 in Portugal and development of the next-generation C5 system, to major funding from the European Innovation Council, Horizon Europe and the EU Innovation Fund for planned wave farms.

Over the last year we closed our B-round funding of 53 MEUR and had the pleasure of welcoming new investors GTT Strategic Ventures, Acario (the investment arm of Tokyo Gas), Algebris Investments and the EIC Fund.

We have grown from 80 to 110 people with new talented and passionate minds joining the team.

Wave energy is primed to become a key part of Europe’s future clean energy mix delivering consistent, locally sourced renewable power while strengthening industrial capability and energy independence.

Thank you to all our employees, partners and investors who continue to support this journey.

Access the full Annual Report and letter from CEO Patrik Moller here: https://corpowerocean.com/corpower-ocean-annual-report-2025/

20/05/2026

CorPower Ocean will join industry leaders at RE+ Portugal in Porto as the conversation around Europe’s renewable energy future accelerates.

As offshore renewables scale across the Iberian Peninsula, wave energy has a critical role to play in delivering reliable, predictable, locally sourced clean power. CorPower Ocean is proud to contribute to this momentum and engage with partners, policymakers and innovators shaping the next phase of the energy transition.

Join us today between 17.00-18.00 for the session “The Offshore Moment: Are We Ready to Scale?” featuring our Managing Director Iberia Manuel Costeira da Rocha, PhD to hear more about how ocean energy can support a resilient and diversified renewable energy mix while building competitive local industries.

If you’re attending RE+ Portugal, connect with our team onsite to explore collaboration opportunities and the future of scalable wave energy.

18/05/2026

CorPower Ocean will join Portugal’s leading voices in clean energy and industrial innovation at the “Industrial Decarbonisation in Portugal” Conference on May 18 at the IAPMEI, I.P. - Agência para a Competitividade e Inovação Campus Auditorium in Lisbon.

As a Strategic Net Zero Industry Act project promoter, CorPower Ocean will contribute to discussions on how net-zero technologies, regional value chains and industrial innovation can accelerate Europe’s clean energy transition.

Join our team during Session C: “Regions, Skills and Value Chains” from 14:00–15:30, where Senior Technical Project Manager Eunice Silva will share perspectives on scaling wave energy within Europe’s Net-Zero Industry Act ambitions and strengthening resilient industrial ecosystems in Portugal.

Later in the day, Managing Director Iberia Manuel Costeira da Rocha, PhD will participate in the High-Level Roundtable “Bridging the Investment Gap” from 15:45–17:00, exploring pathways to bankability and de-risking first-of-a-kind clean energy projects.

Keynote speeches will be delivered by Jean Barroca Portuguese Secretary of State for Energy and Rosalinde van der Vlies, Directorate General for Energy at the European Commission.

We look forward to engaging with policymakers, innovators and industry leaders shaping Europe’s decarbonised future.

12/05/2026

CorPower Ocean Ocean is attending All-Energy Exhibition and Conference, the UK’s leading renewable and low-carbon energy event taking place 13–14 May at SEC Glasgow.

Our team will be represented by Senior Energy Systems Engineer Shona Pennock, Head of Communication and PR Linda Nyberg and Senior Technical Project Manager Quentin Geerinckx as we connect with fellow industry leaders, partners and innovators.

Shona Pennock will be speaking at the Marine Energy panel session “Predicting our industrial future – Marine Energy in 2035” on Thursday 14 May from 11:05–12:05 in Alsh 1&2.

The session will explore what the marine energy landscape could look like in 2035 and beyond, from deploying commercial-scale arrays within a decarbonised energy system to attracting investors, building stakeholder confidence and shaping the sector’s trajectory.

If you’re attending, come and meet the team at the EMEC: European Marine Energy Centre stand ORK53 to learn more about how CorPower Ocean is advancing reliable and scalable wave energy solutions.

06/05/2026

Today our CEO Patrik Möller will represent CorPower Ocean at the National Parliamentary Workshop Sweden 2026 taking place at the Swedish Parliament.

Organised by EUFORES, this event convenes policymakers, industry leaders and energy experts to advance discussions on Europe’s energy transition and the implementation of the EU Green Deal.

Patrik will share insights on how wave energy can help unlock lowest cost 24/7 clean power systems. As Europe accelerates efforts towards energy independence and securing competitive power to drive industrialisation, ocean energy offers a consistent power profile that complements wind, solar and storage technologies in delivering energy security and system stability.

We look forward to engaging with key stakeholders and contributing to shaping a resilient, low-carbon energy future.

05/05/2026

🗣️ 🇪🇺 We’re calling on the EU to become the world’s first electro-continent: the Electro Union.

🔌 ⚡️ Three energy shocks in four years should settle the argument: it’s time for Europe to run its economy on clean, homegrown electricity. Europe has every reason to commit to it now. It has the technologies, the talent and the funds. What it’s lacking is a shared vision to get there.

✍️ That’s why CorPower Ocean is signing - along with a coalition of leading businesses and organizations including Norrsken VC Norrsken Evolve Norrsken H&M Oatly Einride terralayr Flower Fever trawa Cleantech for Europe and Cemvision - the call for Europe to become the world’s first electro-continent, by committing to running over 50% of its economy on clean domestic electricity by 2040.

This isn't only about shielding Europe from the next crisis. In a time where innovation, intelligence, and talent flow to where electricity is cheapest, Europe is currently paying the highest price.

➡️ Read the full letter, and join the call here https://lnkd.in/dzzqJDdc

22/04/2026

CorPower Ocean is attending HackSummit 2026 in Lausanne this week. European deep tech builders and funders gathering to discuss 'Europe's industrial renaissance' as leaders rethink infrastructure, supply chains and energy sovereignty.

Our co-founder & CEO Patrik Möller joins Tomosaku Sohara, General Partner at NordicNinja VC, in a special fireside chat today (April 22) “Oceans – the next frontier for energy sovereignty”. This session will explore how ocean energy can help unlock affordable 24/7 clean power to strengthen resilience and competitiveness in Europe.

NordicNinja VC led CorPower Ocean's latest funding round alongside key investors SEB Greentech, InnoEnergy, Cisco Investments, Santander Asset Management, Iberis Capital, Tokyo Gas (via Acario) and GTT Ventures.

As we scale wave energy solutions, we look forward to connecting with partners committed to building the infrastructure that will power a more secure and sustainable future.

15/04/2026

Meet the brilliant mind behind WaveSpring. As Lead Scientist at CorPower Ocean, Jørgen Hals Todalshaug has since our start in 2012 been guiding our scientific direction to shape the future of wave energy.

The WaveSpring mechanism, first invented by Jørgen at Norwegian University of Science and Technology (NTNU), enables our point absorbers to behave as if they were much larger and heavier, like a violin playing the role of a double bass, capturing ocean energy more efficiently with less material. By storing and releasing energy in sync with the waves, it amplifies device motion and power absorption while operating at very high efficiency.

Thanks to innovations like WaveSpring, CorPower Ocean is turning the power of the sea into a sustainable reality.

Read more: https://lnkd.in/efvJ8ZBD

Swedish Energy Agency WavEC - Offshore Renewables EMEC: European Marine Energy Centre aicep Portugal Global InnoEnergy UK Marine Energy Council Cleantech for Europe The University of Edinburgh EIC - European Innovation Council

10/04/2026

CorPower Ocean is attending the Energy Tech Summit 2026 in Bilbao on April 15–16, one of Europe’s leading gatherings for climate tech, bringing together investors, innovators and policymakers to accelerate the energy transition and energy tech.

Chief Commercial Officer Catharina Belfrage Sahlstrand will be speaking on the critical topic of 24/7 clean energy for industry and data centres, together with Acario, the investment arm of Tokyo Gas . The panel is moderated by Linda Nyberg, our Head of Communication and Public Relations. Our co-founder & CEO Patrik Möller will attend the 'Growth meets Capital' initiative connecting Europe’s leading energy scaleups with global investors.

Ping us to schedule a meeting to discuss 24/ clean electricity, potential collaborations and advancing scalable solutions for stable and clean energy systems.

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http://www.corpowerocean.com/

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