Last week, during the EEA Grant Conference arranged by Innovation Norway and CDTI in Bergen, the Norwegian company Langlee Wave Power and Repnaval Shipyard (Zamakona Yards) signed an agreement for the development of wave power in the Canary islands. The two companies will file a common application to the EEA grants for development of renewable energy in Spain.
Langlee Wave Power AS has developed a unique technology to convert waves in the sea into electricity and the company considers the Canary Islands to be the best place for wave power in Europe. The archipelago has a good and stabile wave climate and today’s electricity, primary produced by diesel generators, is expensive and with a significant CO2 contribution. With the Langlee technology, electricity can be produced with lower cost by a renewable energy source. The development will create hundreds of local jobs.
Langlee Wave Power has its head office near Oslo, Norway and has recently established a subsidiary in Gran Canaria.
Repnaval S.A. in Gran Canaria is part of Zamakona Yards which is one of Spain’s main shipbuilding and repair groups with more than 1.000 employees located also in Bilbao, San Sebastian and Las Palmas Gran Canaria.
Proexca, the public company for economic development of the Canary Islands, has had an important role in making this cooperation happen.
Langlee and Repnaval have in more than a year been in dialogues for a possible cooperation and have huge plans for development of wave power in the Canary Islands.
[mappress]
Press release, October 24, 2012; Image: zamakonayards