AT

ATAREC

Advanced Third Age Renewable Energies Company

Tangier, Morocco

WavePrivate company
Founded 201911-50 employees
Profile last updated: August 14, 2026

About

Founded in 2019, ATAREC is a private company headquartered in Tangier, Morocco with approximately 11-50 employees specializing in Wave.

ATAREC is a Moroccan startup developing innovative wave energy solutions through its proprietary Wave Beat technology. The company designs and deploys wave energy converters that generate stable, continuous green energy with capacity factors exceeding 60%, rivaling offshore wind. Wave Beat is patented in nearly 70 countries and has been validated as the first stable wave energy technology operating in Africa. ATAREC provides comprehensive services across the entire value chain for renewable energy implementation, from R&D and engineering to manufacturing, construction, and operations. The company partners with major stakeholders including Tanger Med, OCP, and EDF to advance marine energy development and has secured funding from multiple government programs and investment bodies.

Headquarters

Tangier, Morocco

Founded

2019

Employees

11-50

Company type

Private company

Focus areas

wave energymarine renewableblue economygreen hydrogen applicationswave powerAfricaMoroccosustainable energymaritime energy

Products & services

Business models

B2BEPC

Value chain

R&DDevelopmentEngineeringManufacturingConstructionO&M

Service areas (2)

  • Wave Energy Development

    Development, design, manufacturing and installation of wave energy systems

  • Marine and Port Energy Solutions

    Green energy solutions for maritime and port facilities

Locations

Headquarters

Tangier, Morocco

Service regions

MoroccoSpainLebanonDenmarkUnited KingdomSaudi ArabiaSeychellesAfrica

Projects

2

Wave Beat

OperationalWave energy converter

Wave energy demonstration and commercial project using patented amplification system to generate stable green energy from waves

4.5 MW capacityTangier, MoroccoClient: Tanger Med

Wave Beat - Tanger Med Full Scale

Under ConstructionWave energy farm

First full-scale wave energy project in Africa with projected expansion capacity

110 MW capacityTangier, Morocco

Credentials & affiliations

Awards

2nd Prize Ocean Innovation Africa

Ocean Innovation Africa2023

EDF Pulse Africa Prize

EDF2024

Best Regenerative Blue Economy Startup

FII, WAVE, Saudi Ministry of Planning and Economy2024

Startup of the Year Morocco

Industries du Maroc2022

Ecostart Prize

GIZ2021

Best Pitcher Award - Renewable Energy and Water Solutions

BlueInvest Africa2022

Orange Corners Morocco Prize

Orange Corners2022

Industry memberships

Ocean Energy Europe

Partnerships

Tanger Med, OCP, EDF, Royal Haskoning DHV, MARIN, Microsoft for Startups

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