February 10, 2007

WAVEenergy AS, a company based at Aalgard 20 km south of Stavanger, Norway.
It was founded in April 2004 to develop the Seawave Slot-Cone generator (SSG) concept.
The SSG is a wave energy converter based on the wave overtopping principle utilizing a total of three reservoirs placed on top of each other, in which the potential energy of the incoming wave will be stored. The water captured in the reservoirs will then run through the multi-stage turbine for electricity production. The use of multiple reservoirs will result in a higher overall efficiency compared to a single reservoir structure.