- Press Releases
July 5 (Renewables Now) - As of today and until October 1, interested wave energy converter (WEC) developers can apply for funding as part of the EuropeWave pre-commercial procurement (PCP).
The newly-launched call for tenders will allow sector companies or consortia to compete for research and development (R&D) service contracts. The process will span three stages, the first of which is for concept development.
The five-year EuropeWave R&D programme will support “the most promising” wave energy technologies by allocating nearly EUR 20 million (USD 23.7m). It is a partnership between Wave Energy Scotland (WES), the Basque Energy Agency (EVE) and Ocean Energy Europe.
The programme will end with the demonstration of “the best performers” in Basque and Scottish open waters.
“EuropeWave is designed to pick out the technological frontrunners and propel them – and the sector as a whole - towards commercialisation,” commented Tim Hurst of Wave Energy Scotland.
(EUR 1.0 = USD 1.187)