AW-Energy Oy secures new European patent extending the protection of its market-leading waveroller
AW-Energy Oy, the world-leading Finnish wave energy technology developer, today announced that the European Patent Office (EPO) recently granted new patents protecting the use of WaveRoller® in 38 countries across Europe – the device used to harness energy that can be extracted from wave power.
The patents cover WaveRoller®’s energy system and its power transfer application, in addition to a range of operating improvements made to the device, particularly on failsafe operating improvements to protect against varying ocean conditions.
“Granting of these patents in Europe is excellent news, as we continue to strengthen and extend the protection of WaveRoller® in Europe for numerous ocean energy applications, including Peniche in Portugal where we have deployed the wave energy technology for full-scale commercialisation,” said Christopher Ridgewell, CEO of AW Energy Oy.
The new patent adds further credibility to the established patent awarded by the United States Patent and Trademark Office (USPTO) in August. The company already has a strong portfolio of 57 patent awards, covering a variety of technological aspects and different countries.
“The decision by the EPO represents a tremendous boost to the patent portfolio covering our lead position in regions and countries where the need for wave energy is high – and particularly the ‘plug-in’ capacity of WaveRoller® to significantly complement power generation with wind and solar energy to the grid. This positive momentum confirms our innovative R&D approach that underpins our commercial strategy, and as a key contributor in how we shape the future of the renewable energy mix,” said Jussi Åkerberg, CTO of AW-Energy Oy.