NoviOcean

Founded in 2016, NoviOcean is a private company headquartered in Täby, Sweden with approximately 51-200 employees specializing in Wave, Wind, Solar.

NoviOcean is a Swedish renewable energy company specializing in hybrid ocean energy systems. Founded in 2016 by Jan Skjoldhammer, it combines wave, wind, solar, and tidal power generation into integrated floating platforms. The company's core technology uses a patented inverted hydro power plant principle to convert wave motion into electricity with exceptional efficiency. NoviOcean's flagship products—the Medi Wave 850H for medium to low wave conditions and the Alta Wave 1000H for high-wave regions—together cover 80% of global coastlines. Each unit generates approximately 2,700 tonnes of CO2 avoided emissions annually. The company offers integrated solutions for offshore electricity generation, desalination, green hydrogen production, and energy storage for remote islands and coastal regions. With 52 approved patents and design protections, NoviOcean positions its hybrid system as a cost-effective alternative to traditional offshore wind and solar installations, claiming 4x output of competitors at 1/6th development cost.