Mocean Energy designs and manufactures wave energy converters, specifically the Blue Star and Blue Horizon, to generate reliable, renewable power for subsea applications and grid-scale energy. By harnessing ocean wave energy, the company addresses the need for clean energy solutions that reduce reliance on carbon-intensive power sources.
Funding
$532.3K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Subsea equipment and offshore grids often rely on expensive, carbon-intensive umbilical cables for power and communication. The ocean's potential as a source of clean, renewable energy remains largely untapped.
Solution
Mocean Energy designs and manufactures wave energy converters that provide reliable, renewable power for subsea applications and grid-scale energy. Their Blue Star device offers continuous power and communication for subsea operations, reducing reliance on traditional power sources. The larger Blue Horizon wave energy converter is designed for deployment in offshore wave farms to deliver grid-scale power. These technologies harness wave energy and can integrate solar and battery storage for a comprehensive solution.
Target Audience
The primary target audience includes operators of subsea equipment requiring reliable power and communication, as well as grid operators seeking renewable energy sources.
Features
- Blue Star: Commercially ready wave energy converter for subsea power and communication.
- Blue Horizon: Larger wave energy converter for grid-scale power generation in offshore wave farms.
- Integrated solution: Utilizes solar and battery storage in addition to wave energy conversion.
- Numerical modeling and optimization: Employs advanced techniques to maximize power output.
- Rapid prototyping and tank testing: Uses iterative development to refine designs.
- Data-driven development: Leverages data from prototype testing to improve performance.