In 2000, Wavegen became the first company in the world to connect a commercial scale wave energy device (LIMPET) to the grid on the Scottish island of Islay.
[3] Together with the Faroese power company SEV, Wavegen had planned to develop the SeWave wave energy plant project in Nípanin in the Faroe Islands.
[5] On 17 November 2011, Wavegen put into operation the world's first commercial full life Limpet wave power plant.
The 300-kW plant was sold to Ente Vasco de la Energía in Spain.
[5] In March 2013 Voith Hydro decided to close down Wavegen choosing to concentrate on tidal power projects.