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Wave Swell identifies niche markets for early-stage growth

We keep an eye on the wave energy market week to week and try to talk to a provider once in a while who seems to have a promising business model or route to market. This week we talked to Wave Swell Energy – currently developing an extension on its traditional oscillating water column design (OWC), for a 200kW pilot project of its Uniwave system in King Island, Australia.   The company expects the project to be operational by the middle of this year – it’s already 75% to 80% complete – and aims to hit the ground running with several potential project in the pipeline and markets identified in the Pacific Islands and Maldives, which it will approach through…

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