CorPower Ocean publishes a white paper modeling how wave energy could support a 100 MW data center near San Jose, California. In the modeled scenario, adding wave energy reduces installed generation capacity from 628 MW to 386 MW and levelized electricity cost from $114.5/MWh to $84.6/MWh.
CorPower Ocean receives the first DNV Prototype Certificate for a Wave Energy Converter, with its C4 certified under DNV-SE-0120 following independent verification. The company describes the certification as a major leap toward bankable, utility-scale wave energy, marking a world-first for wave energy technology.
Swedish wave energy developer CorPower Ocean has been put in charge of a $35 million (€30 million) European project aimed at improving the competitiveness and bankability of wave energy farms. Large-scale validation work is planned to take place in U.K. waters as part of the project.