CorPower Ocean has succeeded in an area where many have failed. It must have been an exciting situation, when the whole team was up all night to wait for the Atlantic storms Babet and Domingos unleashing waves up to 18,5 meters, and providing an ideal opportunity to test the wave energy converter C4 design principle for robust operation in extreme weather. The device operated as intended with minimum motion and loads, despite being battered by these mega-waves, and this was a true verification of the project.
“The breakthrough technology is delivered as CorPack clusters, which are small, flexible building blocks that are laid out side-by-side forming larger wave farms that can be hundreds of megawatts to gigawatt scale” says Patrik Möller who is participating, now with a much larger team and a scaled business, for the third time at Sweden Sustaintech Venture Day.
The installations, which were showcased today on the 9th of October as part of the newly launched Cleantech Tour in Stockholm, left a strong impression on a large group of investors. Wave energy farms is delivered as turn-key solutions with the drive train exported from Sweden integrated with the buoy structure manufactured on site.
“These large composite structures are neither cheap, nor climate friendly to transport, which is why we are offering a unique Mobile Factory concept. An automated, additive process is used to build up the strong and lightweight structures, optimizing low-cost volume manufacturing at the deployment location ” says Patrik Möller.
CorPower Ocean’s technology builds upon research spanning decades. Ocean energy brings stability to the clean energy mix, accelerating the transition to zero-carbon energy. Wave Energy is constantly there, balancing the grid at times when there is less wind or solar. The storms endured by the CorPower Ocean device in Aguçadoura, have had the largest waves ever recorded in northern Portugal.
How does it work? Like a Human heart
The human heart uses stored hydraulic pressure to provide force for the return stroke, thereby only requiring the muscles of the heart to pump in one direction. In a similar way, our Wave Energy Converters use a pre-tension system to pull the buoy downwards.
Wave swells push the buoy upwards, while the stored pressure provides return force to drive the buoy downwards. This results in an equal energy production in both directions and a lightweight system that is naturally transparent to ocean waves (detuned) unless actively controlled.
Headquartered in Stockholm, Sweden with offices in Norway, Scotland and Portugal, and now 85 employees, the company has taken a true scale-up step since Sustaintech Venture Day 2020 when Patrik presented, showing a true ambition and dedication to scale up. CorPower offers the design, build and installation of turnkey solutions that allow their customers to power the planet with clean energy from ocean waves.

PATRIK MÖLLER, Co-Founder & CEO of CorPower Ocean
Age: 47
Education: MSc in Chem engineering & Business admin
Future Vision: A future powered by the ocean, for generations to come
Best book to read: Recently read Bill Browder’s ‘Red Notice’, a fearless one-man fight on Putin.
Sustainable leisure tip: Surfing the waves around wave energy sites
