Wave Energy Converter (WEC) design and demonstrationprimary
2 projects
Both CEFOW and PowerModule center on deploying and demonstrating next-generation wave energy devices.
Organization
WELLO OY
Finnish SME developing and demonstrating grid-connected wave energy converters, with full-scale sea trials aimed at cutting the cost of ocean power.
Technology SMEenergyFISMENo active H2020 projects
H2020 projects
2
As coordinator
1
Total EC funding
€11.9M
Unique partners
10
What they do
Their core work
Wello Oy is a Finnish small company that designs and tests wave energy converters — machines that turn ocean wave motion into electricity. Their H2020 work centres on putting full-scale devices into real sea conditions and connecting them to the power grid, with an explicit focus on bringing down the levelised cost of ocean-generated electricity. They do the hard engineering end of marine renewables: survivable offshore hardware, multi-device deployment, and moving wave energy from prototype toward commercial product.
Core expertise
What they specialise in
Grid-connected marine energy at real sea conditionsprimary
1 project
CEFOW explicitly tested multiple full-scale WECs grid-connected at the Wave Hub test site.
Reducing Levelised Cost of Energy (LCOE) for ocean wave powersecondary
1 project
CEFOW keywords highlight LCOE reduction as a core design and operational target.
Multi-device wave farm deploymentsecondary
1 project
CEFOW focused on deploying multiple devices together to validate array-scale performance.
SME-led deep-tech commercialisation in marine renewablesemerging
1 project
PowerModule (SME-2) demonstrates Wello's role as coordinator bringing a wave energy product toward market.
Evolution & trajectory
How they've shifted over time
Early focus
Full-scale wave energy converters
Recent focus
Coordinating wave device commercialisation
In 2015-2017 Wello was embedded in the large CEFOW consortium, using it to prove multiple full-scale WECs at the Wave Hub and drive down LCOE. By 2017-2019 they stepped up to coordinate PowerModule under the SME-2 scheme, signalling a shift from being a device provider inside a big demonstration to leading a focused commercialisation push around their own hardware platform. The arc is classic deep-tech: co-demonstrate, then lead productisation.
They are moving from partner in large demos toward SME-led commercialisation of their own wave energy device — a good fit for partners interested in near-market ocean energy technology.
Collaboration profile
How they like to work
Role: specialist_contributorReach: European3 countries collaborated
Wello operates both as coordinator (PowerModule, leading a SME-2 instrument project) and as industrial participant in a larger consortium (CEFOW, an Innovation Action). With 10 partners across 3 countries, they work within tight, specialised marine-energy consortia rather than broad cross-sector networks — typical of a deep-tech SME that brings a specific hardware platform to multi-partner demonstrations.
Worked with roughly 10 distinct partners across 3 countries, concentrated on marine-energy stakeholders around northern and western European test infrastructures.
Why partner with them
What sets them apart
Among H2020 wave energy players, Wello is a Finnish SME that has actually put full-scale, grid-connected devices in real sea conditions at the Wave Hub and then stepped up to coordinate its own EU-funded commercialisation project. That combination of proven offshore deployment plus coordinator-level responsibility is rare for a company of this size. Partners get a product-owning industrial actor, not just a research contributor.
Notable projects
Highlights from their portfolio
- CEFOWTheir largest H2020 engagement at EUR 9.4M, deploying multiple full-scale grid-connected WECs at the Wave Hub to benchmark LCOE.
- PowerModuleWello-coordinated SME-2 project (EUR 2.5M) to demonstrate their next-generation wave energy device — a clear sign of product maturation.
Cross-sector capabilities
Environment and marine sciencesGrid integration and power electronicsOffshore engineering and maritime infrastructureInnovation & SME support for deep-tech demonstration
More in Energy & Climate
See all Energy & Climate organizations →AALBORG UNIVERSITET
Danish research university specializing in renewable energy systems, wireless/IoT technologies, and the social dimensions of energy transition.
Open →
AGENZIA NAZIONALE PER LE NUOVE TECNOLOGIE, L'ENERGIA E LO SVILUPPO ECONOMICO SOSTENIBILE
Italy's national energy and sustainability research agency, active in nuclear safety, solar thermal, fuel cells, and SME innovation support across 183 H2020 projects.
Open →
RINA CONSULTING SPA
Italian engineering consultancy delivering energy efficiency, decarbonisation, and industrial process solutions across 142 EU research projects in 49 countries.
Open →