CORPOWER OCEAN AB

Their core work

CorPower Ocean is a Swedish wave energy technology company that designs and develops wave energy converters (WECs) for commercial ocean energy deployment. They focus on improving the performance, reliability, and survivability of wave energy devices — from power take-off (PTO) systems and braking modules to grid integration and compliance. Their work spans the full development chain: component-level testing, sub-system optimization, and scaled device validation, with a clear drive toward reducing the levelized cost of energy (LCOE) for wave power.

What they specialise in

How they've shifted over time

In their early H2020 period (2016–2018), CorPower focused on core wave energy device engineering — improving PTO performance, reliability, end-stop mechanisms, and achieving grid compliance. Their later projects (2020–2027) shifted decisively toward testing infrastructure and methodology (hybrid testing, accelerated testing, new test rigs) and toward integrating wave energy into broader multi-source offshore energy systems. This evolution reflects a company maturing from device-level R&D toward industrial-scale validation and deployment readiness.

CorPower is transitioning from component-level wave energy R&D toward full-scale offshore deployment validation, positioning themselves for commercial wave energy markets as part of combined offshore renewable platforms.

How they like to work

CorPower primarily participates as a partner (4 of 5 projects) rather than leading consortia, though they did coordinate WaveBoost — their most device-specific project. With 66 unique consortium partners across 16 countries, they maintain a broad European network rather than relying on a small circle. This pattern suggests a technology SME that contributes specialized wave energy expertise to large collaborative efforts while selectively leading projects closest to their core device technology.

CorPower has collaborated with 66 distinct partners across 16 countries, indicating a well-connected position within the European ocean energy research community. Their participation in large-scale projects like EU-SCORES (EUR 14.4M) places them alongside major offshore energy players across Western and Northern Europe.

What sets them apart

CorPower is one of very few European SMEs focused exclusively on wave energy converter technology with continuous H2020 engagement from device R&D through to multi-megawatt offshore deployment validation. Their EUR 17.7M in total EC funding — exceptional for an SME — signals strong EU confidence in their technology. For consortium builders, they bring rare end-to-end wave energy expertise: from PTO mechanics and reliability engineering to grid compliance and techno-economic modeling.

Highlights from their portfolio

• EU-SCORES
  By far the largest project (EUR 14.4M to CorPower alone), focused on scalable combined offshore renewables — signals transition from R&D to demonstration scale.
• WaveBoost
  Their only coordinator role, developing a cyclic energy recovery braking module — represents their core proprietary technology contribution.
• VALID
  Introduced new accelerated and hybrid testing methodologies for wave energy, addressing one of the sector's key barriers: proving device lifetime and reliability without decades of sea trials.