#ThrowbackThursday Video: Olympic Zeus installs WaveEL

Take a look at the video of the installation of Waves4Power’s WaveEL wave energy device conducted early in 2016 ahead of today’s inauguration of the system which has been supplying power to the Norwegian grid for over three months.

The ribbon cutting ceremony is taking place today in Fosnavåg in Norway and will be attended by His Majesty, King Harald V of Norway.

The occasion will mark the successful production of green power to the Norwegian grid, being delivered by the WaveEL wave energy device since June 2017.

The WaveEL system was originally installed last year by Olympic Shipping’s multi-purpose vessel Olympic Zeus, as shown in the video, at the Runde test site, off Norway.

It was retrieved for service in repair later in 2016, that was followed by re-installation operation conducted in May 2017 at the same location.

During today’s inauguration ceremony, Waves4Power plans to kick off its ‘next generation’ Waves4Power technology.

The Swedish wave energy developer said it is working with Borealis, Uponor, SSAB, as well as with Park and Siemens on the development of the next-gen device with the aim of halving the levelized cost of energy (LOCE), while at the same time producing a more robust system.

As reported earlier, the production site for the device is planned at the former shipyard at Fiskåholmen in the municipality of Vanylven on the Norwegian west coast, with the first roll-outs expected in 2018.

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