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Alstom enters wave energy market

29 Jun 11 Engineering giant Alstom has entered the wave energy sector by taking a 40% equity share in Scottish renewable energy company AWS Ocean Energy.

Model of AWS-III being tested in Loch Ness
Model of AWS-III being tested in Loch Ness

Alstom’s co-shareholders are Shell Technology Ventures Fund 1 and Scottish Investment Bank, which continues its support of AWS.

The move complements the existing activities of Alstom’s Ocean Energy business in Nantes, France, where the company is developing its 1 MW commercial-scale tidal turbine prototype, the Beluga 9.

Created in 2004, AWS Ocean Energy is focusing on the development and delivery of its AWS-III wave energy converter,  a floating device with a rated power output of 2.5MW. Support from the Scottish Enterprise-administered WATERS fund (Wave and Tidal Energy: Research, Development and Demonstration Support) enabled a 1:9 scale model of the AWS-III to be tested in Loch Ness in 2010.

Alstom senior vice president hydro & wind Philippe Cochet said: “Our engagement with AWS forms an important part of the strategic development of our recently created business activity, Alstom Ocean. Having reviewed many different technologies, and undertaken further detailed analysis with the most promising, we are absolutely confident that AWS-III is a technology that perfectly complements our existing ocean activities: tidal energy and offshore wind, while further reinforcing Alstom’s position as a leading supplier of clean energy solutions.”

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