Company Profile
SDG
CorPower Ocean
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COMPANY INFO
Company no (VAT no): 556584-9824
Website: http://corpowerocean.com
E-mail: info@corpowerocean.com
Address: Brinellvägen 23, 114 28 Stockholm, Sweden  



ABOUT: CORPOWER OCEAN
CorPower Ocean has developed a compact high-efficiency Wave Energy Converter, inspired by the pumping principles of the human heart. Using a new phase control method, the Wave Energy Converters always oscillate in resonance with the incoming waves, strongly amplifying their motion and power capture. Phase controlled oscillation offers an exceptionally high energy density, 5 times higher than conventional Wave Energy Converters without phase control. Harvesting nature’s vast resource of energy contained in ocean waves sustainably and effectively could potentially produce 2000-4000TWh of electricity per year–10-20% of worldwide electricity consumption – and create a world where producing human energy needs is efficient, clean and economical.

PRODUCT & SERVICES
IMPACT STATEMENT
In a world of exponentially spiralling environmental pressures, the need for alternative energy production systems is overriding. Harvesting nature’s vast resource of energy contained in ocean waves sustainably and effectively could potentially produce 2000-4000TWh of electricity per year – 10-20% of worldwide electricity consumption – and create a world where producing human energy needs is efficient, clean and economical.

IMPACT SCORE
Innovation: 8
Scalability: 6
Potential Impact: 8
Impact Score: 384
BETTER BUSINESS BETTER WORLD
Better Business area: Energy & Materials
Business target: Expansion of renewables
Business model: Other business model
Markets: Developed Markets
COMPANY BACKGROUND
Established: 2000
Current stage: Product or prototype
Company Code: 35 Electricity, gas, steam and air conditioning supply
Segments: B2B
Stage: Product or prototype
KEY BUSINESS FIGURES
Turnover (FY 2017): 503 TEUR
Profit (FY 2017): 4 TEUR
Equity (FY 2017): 503 TEUR
Employees: 24
.