New funding for Symphony Wave Power

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Symphony Wave Power (SWP) is delighted to welcome three new investors. Harsveld, a specialist in designing and producing installations, has joined two venture capitalists in taking stakes in the business.

 

The combination of this new production partner who are producing all the parts needed for the new and improved housing of the generator, and these two VC’s, made it possible to secure extra funding from the European ENCORE project, the aim of which is to advance offshore renewable technologies, such as wave energy converters. Nearly half a million euro’s has been invested through SWP’s new partners and the European funding. 


SWP is launching a new investment round to support the wet-testing phase. Several investors, both private and commercial, and funds have shown interest in participating in this phase of the project. Are you interested in what investing in the project can mean for you? Contact us to learn more.

 

>> Read the article at offshore-energy.biz <<

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