Hybrid energy rafts can generate electricity for 1,000 homes per day
A Swedish energy company is set to revolutionise clean energy with a floating raft that generates electricity from natural energy, using waves, wind and sunlight to generate more continuous electricity.
NoviOcean’s HEC generates double the power per sea area compared to wind. It uses a hybrid wave, wind, and solar design to lower the levelized cost of Energy (LCOE) early on.
The firm claims that HEC’s modular design and proven components make it easy to produce, install, and maintain, with a low environmental impact and higher power-to-weight ratio than offshore wind.
Hybrid power innovation
NoviOcean combines wave, wind, and solar power to deliver a hybrid renewable energy solution.
Last autumn, NoviOcean won the German Startup4Climate competition for its innovative wave power plant. Skjoldhammer hopes to scale the solution in collaboration with offshore wind farms, having accepted the award alongside Cemvision, a fossil-free cement manufacturer. The jury was impressed by the synergy of wave, wind, and solar energy, as each complements the other.
The firm sees immense potential, but funding remains a challenge. NoviOcean has secured SEK 30 million in grants from the EU and Sweden and a green loan from Almi. The recent Startup4Climate win adds one million kroner.
Skjoldhammer is looking forward to advanced funding and partnering with a wind power company to advance the technology further.
