CorPower Ocean is an equipment supplier. Our business model is based on sales of Wave Energy Converters, service & maintenance contracts as well as wave farm engineering services. Our customers are energy companies who own and operate wave farms.

Our mission is to make wave energy a reliable and competitive source of clean electricity, and to make wave energy a significant part of the global energy mix.

We follow a structured product development process in Stages, aimed at introducing bankable products in the market after completing Stage 5. Our Product roadmap tracks the top-level targets for our operation, measured in areas as reliability, performance, affordability and scalability. Further details on targets and strategies to deliver on the key areas captured by the Product roadmap is tracked by the Target Outcomes covering main measurable outcomes of our operations planned for the years 2020-2024.

CorPower Ocean aims to operate with high quality and minimized environmental impact as possible with regards to sustainability, legislation and the company’s resources. 

In order to meet our customers’ and partners’ requirements and ensure high quality and continuous improvements in the business as well as compliance to legal requirements, we strive for high availability and are actively committed to support our team in all situations.   

All equipment and services shall be chosen with sustainability aspects in mind. 
The efficiency and environmental impact from our transports, machines and chemicals must be given special attention and prevention.

Furthermore, the quality and environmental work must be well anchored in our organization through appropriate training, clear instructions and commitment from staff, suppliers and customers, which must result in continuous improvements of the business. 

To protect our employees, we prevent injury and health issues and constantly improve the handling of work environment issues based on work environment legislation. 

All in all, this creates good references for satisfied customers and partners, additional business and long-term customer relationships.