CorPower have tested several versions of their technology, most recently the commercial-scale C4 device in Aguçadora, Portugal launched in September 2023.
[3] It is fitted with a "WaveSpring" technology developed at NTNU,[4] that allows the device to be tuned and detuned depending on the wave conditions.
[4] The gearbox was developed at KTH Royal Institute of Technology, and features eight pinion wheels to share the forces from the rack evenly.
[7] The shell of the WEC is made from filament-wound glass reinforced plastic with a DIAB Divinycell H structural core.
[12] Stages 4 and 5 will be conducted in Portugal as part of the HiWave-5 project, this aims to prove the survivability, performance, and economics of an array of grid connected devices, with DNV providing type certification.
[3] In October 2024, CorPower announced they had secured €32 million in Series B funding, taking the total from public and private investors since the company was founded in 2012 to €95m.
[14] Initial testing of the WaveSpring technology was conducted in November 2014 at Ecole Centrale de Nantes, France, in the Hydrodynamic and Ocean Engineering Tank.
[12] In 2020, CorPower secured a license from the Portuguese Directorate-General for Natural Resources (DGRM) to deploy devices offshore of Aguçadoura in northern Portugal as part of their HiWave-5 project.
A new 6.2 km long subsea cable was installed in 2022 by Maersk Supply Service, to provide communications and transmit power from an array of four devices back to shore.
[23] Simply Blue together with Irish energy utility ESB are planning to deploy CorPower WECs off the coast of County Clare, Ireland in a project called Saoirse.