This week the US Department of Energy (DoE) approved funding for a three year program to demonstrate the capabilities of the 2.5 MW Cycloidal Wave Energy Converter under development by Atargis Energy. This scalable and cost efficient wave energy converter design uses hydrofoils to convert wave energy to shaft power, which is converted to electricity by a generator and then supplied to the power grid. The work will include numerical simulations as well as large scale wave tank testing. To achieve the project goals Atargis is expanding its technical team by hiring a CFD Specialist and an Ocean Engineer.
U.S. Department of Energy Awards $25 Million for Next-Generation Marine Energy Research Projects
