Scottish wave energy company Mocean Energy has kicked off a crowdfunding campaign to secure additional investment as it advances its ocean energy technology from the prototype stage toward technology commercialization and internationalization.
The company’s technology integrates wave, solar, and battery storage to offer renewable energy and communications solutions tailored to the Blue Economy. With the latest funding round, Mocean Energy is positioning its technology to serve industries requiring sustainable power sources and communications infrastructure.
According to Mocean Energy, this investment initiative comes as the company moves forward from research and development (R&D) into deployment phases, eyeing international markets.
Early access to the investment opportunity is available, allowing potential investors to be among the first to join as Mocean Energy drives the next phase of its mission.
The Scottish wave energy company and Aberdeen-based controls specialist Proserv recently signed a memorandum of understanding (MoU) to accelerate the shift to low-carbon solutions for underwater operations.
Mocean Energy is also working with German subsea technology firm SubCtech to explore how wave and solar energy can be coupled with batteries to deliver low-carbon power for customized ocean power and monitoring solutions . Together, they are developing new subsea technologies that incorporate wave, solar, and battery power, targeting a variety of applications across the subsea sector.