Lloyd's Register to help certify AW-Energy WaveRoller technology
Finnish wave energy technology developer AW-Energy has signed a framework agreement with certification organisation Lloyd’s Register Energy, thus taking a major step towards commercialising its WaveRoller technology. WaveRoller is a submerged wave-energy converter, based on a hinged panel that is attached to the sea bed in the near-shore area, which generates electricity from the movement of the waves.
The agreement will see Lloyd’s Register Energy provide an independent review of all stages of the work carried out by the WaveRoller team. This will ensure that risks are identified and mitigated through the entire project lifecycle and that the WaveRoller technology fulfils industry best practice.
The collaboration aims at full certification of the technology, which will help to optimise project financing and facilitate insurance coverage on a commercial basis. Ross Wigg, VP Renewables at Lloyd’s Register Energy, said, “AW-Energy’s engagement throughout the certification process is encouraging and we are looking forward to working alongside them to assure their technology and commercial success.”
The official launch of the framework agreement was witnessed at the Embassy of Finland in London. Leena Gardemeister, Chargé d’Affaires, Embassy of Finland in London, said the agreement “opens the door for wide-scale commercial deployment of Finnish wave-energy solutions globally”.
“The WaveRoller technology not only offers a novel and previously untapped source of renewable energy; it has minimal visual impact and it even creates artificial bases for reef ecosystems to flourish,” Gardemeister continued. “Companies like AW-Energy are the key players in Team Finland, which increasingly focuses on cleantech solutions for global sustainability challenges.”
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