WaveRoller Buoyed by Funding Surge AW-Energy Ltd. Closes $9M Financing Round
Summary
The pilot deployment in Portugal will provide a potentially unlimited supply of renewable energy for local electricity consumption, creating a model for carbon-free power generation in other locations.The successful funding round has provided the company and its flagship solution WaveRoller with a critical thrust to peak in the emerging wave energy industry."The strategic movement shows a general confidence in the technology and the team of rock hard professionals developing this innovation,” said Mr. John Liljelund, CEO of AW-Energy.The successful funding round has provided the company and its flagship solution WaveRoller with a critical thrust to peak in the emerging wave energy industry.It is backed by strong owners including Fortum, a large European utility company.http://www.aw-energy.com/blog.htmlhttp://www.fortum.com/en/mediaroom/Pages/fortum-and-sitra-increased-their-contribution-to-wave-energy-technology.aspx Contact Information AW-Energy Ltd Tomasz Mucha +358504801884 www.aw-energy.com Click here to view the list of recent Press Releases from AW-Energy Ltd