IHC Merwede acquires Wave Rotor technology
Post date: Jun 22, 2012 12:01:28 PM
On 30 May 2012, IHC Merwede signed an agreement to acquire Wave Rotor technology from Ecofys, which is renowned for its expertise in sustainable energy solutions. The official signing was made by Willem Steenge, Managing Director of IHC Tidal Energy, and Manon Janssen, Managing Director of Ecofys. The Wave Rotor technology, which will be managed by the newly established company IHC Tidal Energy, enables IHC Merwede to further secure its position in the renewable market.
With this acquisition, IHC Merwede has secured highly developed knowledge and the patented Wave Rotor technology. In contrast to most tidal turbines, the Wave Rotor is vertically oriented. It converts power from tidal currents and wave motion directly into electricity. The technology is a patented innovation from Ecofys that has been developed over the past ten years and successfully demonstrated in a 30kW pilot plant in the Westerschelde. IHC Tidal Energy has set its goal to successfully bring the acquired technology to market, enriching the world with proven tidal and wave energy converters.