“MoorPower™ reduces or removes the reliance on diesel and provides clean, reliable, predictable energy to support the growth of a diverse sustainable blue economy,” Carnegie’s CEO, Jonathan Fievez, said. “Wave energy has the benefits of consistency and predictability, and in some places, may be the only renewable energy that is practical. With an enormous resource that is largely untapped, wave energy is only set to grow, and working on joint initiatives like the MoorPower™ project, will accelerate and strengthen the advancement of these technologies on a global scale.” 

The MoorPower™ project was launched in the fourth quarter of 2021 and will run for two years.