Lightweight
1/3 of fixed wind, 1/9 of floating wind. Significantly reducing material and installation costs.
Revolutionizing Medium to Low Wave Energy with Hybrid Power
300 kW
350 kW
225 kW
800+ kW
Due to confidentiality and patents not fully investigated, we cannot show all details here. More can be revealed after a signed NDA.
The missing link in renewable energy
Designed to rival the giants of Wind Power and Fossil Fuels. Maximizing both climate impact and profitability, the best of two worlds.
Unique system that combines 4 different functions to generate power and/or clean water making it the most cost efficient and flexible system.
One of the most efficient wave power solutions available, using known technologies and components, making it extremely cost efficient and robust compared to competitors.
Using the float as holder of wind turbines, and the shape of the float to increase the efficiency of the turbines, making it an efficient, cost-optimized and robust additional energy source.
Using the float as holder of also PV panels, complements in areas with good sun intensity. This add-on ensures that NoviOcean always produces energy, even in rare low wave/wind conditions.
Using the float as holder of submerged tidal turbines, leveraging the predictable energy of tidal currents to generate more electricity efficiently.
(In some locations, and for future deployments)
1/3 of fixed wind, 1/9 of floating wind. Significantly reducing material and installation costs.
Shared structure, mooring, cabling, and lease area. Maximizing resource utilization.
Lower starting price than offshore wind or solar with storage. Smart investment for sustainable energy.
Eliminating 7,000,000 liters of diesel consumption per unit / 2,000 tons of CO2e annually
Electricity production of 2,500 MWh/year, or desalination of 70,000 liters of water/hour
2–3 times higher output per sea area than offshore wind, 4 times more through co-location
NoviOcean outperforms other wave and tidal solutions, rapidly lowering costs to compete with offshore wind and solar.
With superior efficiency, NoviOcean requires less space and materials, making it the best ocean energy choice.
Unlike expensive Li-ion storage, NoviOcean delivers consistent, reliable power at a fraction of the cost.
Lower Costs Over Time – LCOE decreases significantly with larger deployments.
Four-Stage Rollout – Progressing through Pilot, Scaled, Proven, and Well Established phases.
Each unit produces 200-400 kW.
Priority access, branding opportunities, and significant cost savings.
Unlocking vast wave energy potential across the globe.
Each covers 40% of coastlines, adapting to diverse conditions.
More affordable than other offshore renewables.
1/3 to 1/9 the mass vs. fixed base / floating offshore wind.
5x more energy per sea area than floating solar.
Optimized for large-scale offshore deployment.
Uses wave, wind, and solar on a single platform.
Lower weight per MW compared to alternatives.
€22-40/MWh, significantly more cost-effective.
Less storage needed, unlike wind or solar as single systems.
Simpler setup than floating wind or other wave energy.
40 years for wave, 25 years for wind/solar.
Minimal environmental impact on marine life.
Outperforms fixed/floating wind and solar solutions.
Cost optimization plays a vital role in the deployment of the NO-MW800H system. The following table illustrates the projected cost reductions based on mass production and economies of scale:
Deployment Phase | CAPEX (€ / unit) | OPEX (% of CAPEX) | LCOE (€ / unit) |
---|---|---|---|
Initial Deployment | 1,500,000 | 3.0% | 40 |
Proven Case | 1,250,000 | 3.0% | 30 |
Well-Established | 1,000,000 | 2.5% | 25 |
The Initial Deployment costs, and next phases, can be up to 30% lower in regions with lower labor costs.
CAPEX excludes infrastructure.
Technology | Deployment scale (MW/GW) | LCOE (€/MWh) | LCOE after global deployment scale | LCOE after 300MW deployment (NO-MW800H) | Storage requirement (€/MWh) | Spot market price benefit (%) |
---|---|---|---|---|---|---|
NO-MW800H (Wave-Wind-Solar) | 10 MW | 55 | n/a | 30 | Low (<5 €/MWh) | 15 |
Offshore Wind (Fixed) | 63 GW | 80 | 80 | 80 | Moderate (15-30 €/MWh) | 0 |
Offshore Wind (Floating) | 277 MW | 100 | 100 | 100 | Moderate (15-30 €/MWh) | 0 |
Floating Solar PV | 1.1 GW | 60 | 60 | 60 | High (30-50 €/MWh) | 0 |
Onshore Solar PV | 1 800 GW | 45 | 45 | 45 | High (30-50 €/MWh) | 0 |
LCOE excludes infrastructure
The remarkable insights and calculations in this table, along with detailed explanations, can be found in our report: Performance, Investment, Component, Weight, Cost and LCOE Calculations for NoviOcean Medi Wave 800, NO-MW800H – Summary Report
Output (kW) | CF | Annual production (MWh) | LCOE for €750 000 (EUR/MWh) | LCOE for €1 000 000 (EUR/MWh) | LCOE for €1 250 000 (EUR/MWh) | LCOE for €1 500 000 (EUR/MWh) |
---|---|---|---|---|---|---|
100 | 12.5% | 876 | 90.65 | 121.53 | 151.91 | 181.47 |
200 | 25% | 1752 | 45.32 | 60.77 | 75.95 | 90.73 |
300 | 37.5% | 2628 | 30.16 | 40.51 | 50.63 | 60.48 |
400 | 50% | 3504 | 22.59 | 30.38 | 37.97 | 45.36 |
500 | 62.5% | 4380 | 17.92 | 24.1 | 30.31 | 36.29 |
600 | 75% | 5256 | 15.24 | 20.49 | 25.79 | 30.86 |
LCOE excludes infrastructure
These calculations exclude economies of scale from larger orders or cumulative deployments; details are in our documentation.
For arrays of 50+ units or after deploying 100 units, costs may drop by up to 35%.