Finnish devices for Bali wave energy park
The Finnish clean energy company Wello has received its first order for a commercial wave energy park in Bali which when completed could be the world’s largest.
Gapura Energi Utama (GEU), an Indonesian infrastructure construction company has ordered a 10 MW Wello Penguin wave energy park.
“I am extremely proud that our long-term development work is now rewarded with this order. This is just the beginning, as there is global sales potential for the Wello Penguin wave energy device,” said Heikki Paakkinen, CEO and founder of Wello.
“The cost of energy generated with Wello Penguin is already very competitive compared to offshore wind energy, and in serial production we aim for a further 50% cost reduction.”
Market potential
The patented Wello Penguin wave energy converter has been developed and tested for almost ten years, including experiencing the harshest ocean conditions and waves up to 18m.
It works by floating on the water and captures kinetic energy from the waves, which is then turned into electrical power with zero emissions. Wello said that one of its major selling points is that because it produces no visual or noise pollution, it can be utilised on almost any ocean coast.
Wello’s device does not have any moving parts in contact with sea water and the service needs are minimal. Remote connection allows for continuous monitoring and adjustment of the solution. The Wello Penguin.
Delivery of the Wello Penguin wave devices will take place after the permitting process is finalised, which is estimated to occur at the end of 2018.
By Anne-Marie Causer
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