Ocean Power Parks
Trondheim, Norway
About
Founded in 2009, Ocean Power Parks is a private headquartered in Trondheim, Norway with approximately 10-50 employees specializing in Wave, Solar, Hydrogen.
Ocean Power Parks is developing innovative offshore platforms designed to exploit ocean wave energy and solar power for large-scale renewable electricity generation. The company's core technology harnesses the potential and kinetic energy from ocean waves combined with solar panels to produce renewable energy. Each platform is designed as a multipurpose installation capable of accommodating additional sustainability technologies including hydrogen and oxygen generation, mariculture, and energy storage. The platforms are engineered to overcome challenges faced by previous wave energy converters, including durability in harsh ocean conditions, maintenance costs, and structural integrity. The company has developed prototypes tested in the Trondheim fjord in Norway with support from Innovation Norway. The design integrates sector coupling through power-to-gas pathways and hydrogen drive technologies for decarbonization. Each unit is designed to produce approximately 12 MW of capacity. The platforms are also envisioned as floating residential complexes with energy self-sufficiency features.
Headquarters
Trondheim, Norway
Founded
2009
Employees
10-50
Company Type
Private
Funding Stage
Seed