CorPower Ocean aims to inject 300 kilowatts (kW) of wave energy into the electricity grid by November. It will be enough to supply 300 homes in Portugal, with the start of operation of the first of four converters produced in Viana do Castelo, reports Lusa. Miguel Silva, the director in Portugal of CorPower Ocean said that between 2024 and 2025 the installation of the remaining three wave energy converters will be concluded, forecasting a production of 1.2 megawatts of energy, sufficient to supply 1,000 homes, at an investment of €16 million.
