Photo: AW-Energy

AW-Energy moves to new base in Finland

Finnish wave energy tech player AW-Energy Oy (AWE) drives forward opportunity and innovation with a new facility in Vantaa, Finland.

The move to larger premises provides scope for AWE’s growth ambitions, and demonstrates the company’s commitment to wave energy.

Christopher Ridgewell, CEO of AW-Energy says: “We are preparing for the upcoming surge in wave energy.

“Our relocation to this larger facility is an investment for the future and Finland’s future as a key contributor in the development of sustainable wave energy technology.

The site provides research and development, and portfolio of engineering expertise, as well as demonstration, test and conference facilities.

Furthermore, it should help the company advance its technical and project management support for wave energy projects in EU, Asia and the US.

Posted: 4 months ago

AW-Energy seeks further growth capital

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“The move to this facility is essential for us to add real value for industry by playing a fundamental role in helping to advance the implementation of new wave energy technologies that will be critical to the economics of a coastal nation’s energy policy.

Petteri Puumalainen, Real Estate Manager of Conficap Oy, the owner of the commercial site where AWE has located, also said:

“The thermal energy of AW-Energy’s wave generator will be used to heat our site and buildings, so together we can harness the waste heat as well.

“This will enable us to get closer to our zero carbon energy objective.”

The premises are located close to the district’s major business networks and transport links, making access easy for AWE’s international customer-base to visit on site to witness its wave energy test facility and technology in operation.

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