Sweden-based NoviOcean is exploring the options for the deployment of its hybrid offshore renewable energy platform, which combines wave, wind, and solar energy technologies, in Costa Rica.

NoviOcean has signed a memorandum of understanding (MoU) with MIR Green Energy to explore the deployment of the Medi Wave 850H platform along the Pacific coast of Costa Rica, which is said to offer consistent wave energy, high solar irradiation, and localized wind corridors, particularly in the Papagayo region.