Aw-Energy first wave energy company to sign EU $4.4m contract
Tuesday, 13 October 2009
AW-Energy, a Finnish cleantech company developing a unique and patented wave energy technology brand named WaveRoller, has signed a $4.4M (3 million euros) contract with the European Union to demonstrate its technology. Ocean energy technology represents the largest untapped business potential within the renewables sector.The contract between AW-Energy and the EU is the first one under the "CALL FP7 - Demonstration of the innovative full size systems." Several leading wave energy companies participated to the CALL. The contract includes a 3 million euro grant agreement, providing significant support to the demonstration project.The goal of the project is to manufacture and deploy the first grid-connected WaveRoller unit in the Portuguese waters. The exact installation site is located near the town of Peniche, which is famous of its wave resources and also known as "Capital of the waves." The nominal capacity of the WaveRoller unit is 300 kW and the project includes a one-year testing period.
AW-Energy leads the "Dream Team" consortium in Portugal
The consortium led by AW-Energy includes companies from Finland, Portugal, Germany and Belgium. Industrial heavy weights like Bosch-Rexroth and ABB, together with renewable energy operator Eneolica and wave energy specialist Wave Energy Center, are delivering their best know-how to ensure successful implementation of the project."The experience of our dream team consortium is a significant asset to the project, and we are thrilled about this real pan-European co-operation. AW-Energy has been working hard the last three years with two sea installed prototypes, tank testing and CFD (Computational Fluid Dynamics) simulations. Now we have the site, grid connection permission, installation license and the technology ready for the demonstration phase," says John Liljelund, CEO at AW-Energy. The company will also conduct extensive development and environmental impact studies under the terms of the EU grant. The results will be made available online to the wider marine energy community.
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Water quality engineer Panton McLeod has celebrated another milestone in the Scottish water sector after revisiting the scene of its first-ever robotic cleaning project. 
Cybit, the UK’s leading online Telematics Service Provider, has announced a new Fleetstar implementation for Volvo Construction Equipment Division, Volvo Group UK Ltd – a wholly owned dealership of the global construction equipment manufacturer.
Atlas Copco Compressors’ latest ZS range of oil-free, energy- saving positive displacement screw blowers is designed to meet today’s low carbon economy needs. The new and proven ZS screw blower technology is, on average, 30 percent more energy efficient than conventional lobe solutions.
The newly expanded Manhole Buddy manhole lifter range now provides three alternative solutions for single person cover lifting, all interchangeable on the same multi-function, lifting trolley. 
GPS PE Pipe System’s award winning Protecta-Line barrier pipe system has been extended with a unique saddle ferrule.
Bradney Chain has further developed its range of Grade 50 Stainless Steel Pump lifting chains with master links.
