Equipmake, a market leader in engineering-driven differentiated electrification technologies, products and solutions across the automotive, truck, bus and specialty vehicle industries, has signed a development agreement with wave energy device developer, CorPower Ocean AB (CorPower Ocean).
Under the agreement, Equipmake will develop a generator and SiC (silicon carbide) inverter system, tailored to CorPower Ocean’s advanced wave energy system. The agreement, valued at £650,000, marks the first phase of a program designed to accelerate commercialization of CorPower Ocean’s wave energy technology. The program will contribute to large-scale production within five years.
CorPower Ocean supplies ‘CorPack’ wave energy clusters, which are used as building blocks that form larger wave farms that can be hundreds of megawatts to gigawatt in scale. CorPacks come in 10-30MW size, where electricity is harvested from an array of wave energy converters into a collection hub. Each hub delivers grid quality electricity with standard 33/66kV electrical connection commonly used in offshore wind.
Equipmake is now assisting CorPower Ocean to further streamline this production through its world-class expertise in advanced electric motors, inverters and complete zero-emission electric drivetrains and power electronic systems.
The agreement represents an opportunity for Equipmake to establish a presence in the rapidly expanding renewable energy sector, leveraging its electrification expertise to support CorPower Ocean’s technology. This collaboration underscores the potential for substantial future growth as the renewable energy market accelerates its adoption of sustainable solutions.