1
Country: USA | Funding: $140M
Panthalassa creates wave energy power-plants for offshore AI data centers. Its solution is a standalone, fully integrated system, which combines AI infrastructure and power generation equipment into a single offshore unit. Each lollipop-shaped node consists of a floating spherical head connected to a long, submerged vertical pipe and supporting frame. As ocean waves pass, the node bobs up and down, but crucially, the surrounding water moves only in small orbital trajectories. This relative motion between the structure and the water column causes oscillations within the pipe, effectively moving seawater up and down the system. The water then passes through internal turbines, generating electricity, before being recirculated back into the pipe, repeating the cycle.
Panthalassa creates wave energy power-plants for offshore AI data centers. Its solution is a standalone, fully integrated system, which combines AI infrastructure and power generation equipment into a single offshore unit. Each lollipop-shaped node consists of a floating spherical head connected to a long, submerged vertical pipe and supporting frame. As ocean waves pass, the node bobs up and down, but crucially, the surrounding water moves only in small orbital trajectories. This relative motion between the structure and the water column causes oscillations within the pipe, effectively moving seawater up and down the system. The water then passes through internal turbines, generating electricity, before being recirculated back into the pipe, repeating the cycle.
2
Country: USA | Funding: $68M
Ocean Power Technologies focuses on capturing and converting wave energy into electricity using innovative power take-off systems.
Ocean Power Technologies focuses on capturing and converting wave energy into electricity using innovative power take-off systems.
3
Country: Australia | Funding: A$39.4M
Carnegie Clean Energy is a developer of utility scale solar, battery, wave and hybrid energy projects. Carnegie is the only company in the world to offer a combination of wave, solar, battery storage and desalination via microgrids.
Carnegie Clean Energy is a developer of utility scale solar, battery, wave and hybrid energy projects. Carnegie is the only company in the world to offer a combination of wave, solar, battery storage and desalination via microgrids.
4
Country: Denmark | Funding: €15m
Wavepiston provides a low-tech and modular system that harvests the energy in the waves to produce electricity via a standard hydropower turbine and desalinated water via a standard reverse-osmosis system.
Wavepiston provides a low-tech and modular system that harvests the energy in the waves to produce electricity via a standard hydropower turbine and desalinated water via a standard reverse-osmosis system.
5
Country: UK | Funding: $14.4M
Mocean Energy develops new technologies which can harness the power of waves – and accelerate the transition to a zero-carbon world.
Mocean Energy develops new technologies which can harness the power of waves – and accelerate the transition to a zero-carbon world.
6
Country: Israel | Funding: $12.8M
Eco Wave Power provides EWP energy devices and solutions. Their wave energy company designs, manufactures and operates the EWP wave energy convertors. They believe that their patented technology is clearly on target to become a world leader in the wave energy field.
Eco Wave Power provides EWP energy devices and solutions. Their wave energy company designs, manufactures and operates the EWP wave energy convertors. They believe that their patented technology is clearly on target to become a world leader in the wave energy field.
7
Country: USA | Funding: $10.9M
Oscilla Power's Triton wave energy converter will deliver cost competitive, utility-scale energy by combining best-in-class energy capture and power production with unparalleled reliability and survivability.
Oscilla Power's Triton wave energy converter will deliver cost competitive, utility-scale energy by combining best-in-class energy capture and power production with unparalleled reliability and survivability.
8
Country: Germany | Funding: $10.1M
SINN Power develops a wave energy converter to supply remote coasts and islands with low-cost, renewable energy from ocean waves.
SINN Power develops a wave energy converter to supply remote coasts and islands with low-cost, renewable energy from ocean waves.
9
Country: South Korea | Funding: ₩9B
INGINE is a company that develops technology that converts the energy of waves into electricity, called wave power generation. It aims to provide a replacement for conventional, polluting sources of energy, starting with the use of diesel generators in remote islands and coastal areas.
INGINE is a company that develops technology that converts the energy of waves into electricity, called wave power generation. It aims to provide a replacement for conventional, polluting sources of energy, starting with the use of diesel generators in remote islands and coastal areas.
10
Country: Netherlands | Funding: €4.75M
Harnessing wave energy from the oceans to provide renewable energy and services in a sustainable, affordable and resilient way.
Harnessing wave energy from the oceans to provide renewable energy and services in a sustainable, affordable and resilient way.
11
Country: Australia | Funding: $4M
Wave Swell Energy developed a world leading proprietary technology that converts the energy in ocean waves into clean and emissions free electricity. This electricity can be transmitted to shore and into the grid, or used to power an onboard or shoreline located desalination facility.
Wave Swell Energy developed a world leading proprietary technology that converts the energy in ocean waves into clean and emissions free electricity. This electricity can be transmitted to shore and into the grid, or used to power an onboard or shoreline located desalination facility.
12
Country: Canada | Funding: $1.4M
Voltai harvests energy from motion to help marine industries reduce reliance on fossil fuels and stored energy.
Voltai harvests energy from motion to help marine industries reduce reliance on fossil fuels and stored energy.
13
Country: France | Funding: €921.4K
HACE (Hydro Air Concept Energy) develops offshore floating wave energy converters (WEC) able to generate electricity from waves of only 5 cm high with a carbon footprint below 1 g CO2/kWh. This leads to a price of electricity below 30 USD/MWh. As a fabless concept, a HACE WEC can be fully manufactured in any shipyard to maximise the benefits for local communities. Operation and maintenance can be performed by locals.
HACE (Hydro Air Concept Energy) develops offshore floating wave energy converters (WEC) able to generate electricity from waves of only 5 cm high with a carbon footprint below 1 g CO2/kWh. This leads to a price of electricity below 30 USD/MWh. As a fabless concept, a HACE WEC can be fully manufactured in any shipyard to maximise the benefits for local communities. Operation and maintenance can be performed by locals.
14
Country: Czech Republic | Funding: $430K
Octoteq is developing offshore renewable energy platforms solar, wind and wave power combined.
Octoteq is developing offshore renewable energy platforms solar, wind and wave power combined.
15
Country: Ireland | Funding: €200K
Ocean Energy is a pecialised commercial company developing wave energy technology
Ocean Energy is a pecialised commercial company developing wave energy technology
16
Country: Spain | Funding: €71.4K
Arrecife Energy Systems develops unique wave energy converter. Arrecife is designed to work with the most common waves from 1 to 5 high waves (98%), which means more efficiency both in the manufacturing and in the energy production, working at full capacity during more hours.
Arrecife Energy Systems develops unique wave energy converter. Arrecife is designed to work with the most common waves from 1 to 5 high waves (98%), which means more efficiency both in the manufacturing and in the energy production, working at full capacity during more hours.
17
Country: USA
AquaHarmonics is dedicated to making wave energy main stream. We are on the leading edge of the blue economy with our Wave Energy Collector (WEC).
AquaHarmonics is dedicated to making wave energy main stream. We are on the leading edge of the blue economy with our Wave Energy Collector (WEC).
18
Country: USA
C-Power offers energy generation and storage solutions for marine transportation.
C-Power offers energy generation and storage solutions for marine transportation.
19
Country: Italy
Seabreath wave energy is a new highly efficient multi-chamber modular technology for wave energy conversion via oscillating water column (OWCs-WEC)
Seabreath wave energy is a new highly efficient multi-chamber modular technology for wave energy conversion via oscillating water column (OWCs-WEC)
