Last week, during the EEA grant conference arranged by Innovation Norway and CDTI in Bergen, the Norwegian company Langlee Wave Power and Repnaval Shipyard (Zamakona Yards) signed an agreement for the development of wave power in the Canary islands. The two companies will file a common application to the EEA grants for development of renewable energy in Spain.
Langlee Wave Power AS has developed a unique technology to convert waves in the sea into electricity and the company consideres the Canary Islands to be the best place for wave power in Europe. The achipielago has a good and stabile wave climate and todays electricity, primary produced by diesel generators, is expensive and with a significant CO2 contribution. With the Langlee technology, electricity can be produced with lower cost by a renewable energy source. The development will create hundreds of local jobs.
Langlee Wave Power has its head office near Oslo, Norway and has recently established a subsidary in Gran Canaria.
Read the full article at Subsea World News.