IHC Merwede Acquires Wave rotor Technology

pres release
Wednesday, June 06, 2012

IHC Merwede establishes IHC Tidal Energy and acquires Wave Rotor technology.

On 30 May 2012, IHC Merwede signed an agreement to acquire Wave Rotor technology from Ecofys, which is renowned for its expertise in sustainable energy solutions. The official signing was made by Willem Steenge, Managing Director of IHC Tidal Energy, and Manon Janssen, Managing Director of Ecofys. Wave Rotor technology, which will be managed by the newly established company IHC Tidal Energy, enables IHC Merwede to further secure its position in the renewable market.

Patented technology

With this acquisition, IHC Merwede has secured highly developed knowledge and the patented Wave Rotor technology. In contrast to most tidal turbines, the Wave Rotor is vertically oriented. It converts power from tidal currents and wave motion directly into electricity. The technology is a patented innovation from Ecofys that has been developed over the past ten years and successfully demonstrated in a 30kW pilot plant in the Westerschelde.

After the Wave Rotor was developed, it was brought through the pre-commercial stage by OceanMill. The company proved that the technology has enormous potential and is commercially viable. IHC Tidal Energy has set its goal to successfully bring the acquired technology to market, enriching the world with proven tidal and wave energy converters.

Tidal and wave energy market
IHC Merwede has been active in the renewable energy sector for decades. The market for tidal and wave technology is relatively new, but IHC Merwede foresees a significant growth of activities in Europe, North America and Asia. Willem Steenge says: “The acquisition of Wave Rotor technology enables IHC Merwede to launch a fully integrated system to generate electricity using tidal energy. IHC Merwede will contribute, as a reliable link in the chain of new energy and land reclamation, to the sustainability or our world. The investment in this emerging market also fits well into the company’s strategic portfolio.”

Manon Janssen adds: “Ecofys is very proud to transfer this innovative technology over to IHC Merwede. With its expertise and global presence, IHC Merwede will bring Wave Rotor technology to the next commercial phase. Ecofys expects that Wave Rotor technology will have a big impact on the world.”

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


SSI to Unveil ShipConstructor 2016 R2 at WorkBoat

SSI's latest release, ShipConstructor 2016 R2 will be unveiled for the first time in public at the International WorkBoat Show, December 1-3, in New Orleans.   According to SSI,

IMMA App Offers Access to Maritime Medical Stores

Deteriorating seafarer health and poorly-stocked onboard medical chests are major issues concerning maritime medical practitioners, which is why the International

Available: 300 Free Systems; Wanted: 300 Ships

Which will be the first 300 ships in the world to test and validate Sea Traffic Management (STM) with updated systems free-of-charge?   As the shipping domain


R-22 Phase-out Presents Dangers and Expense -WSS

The shipping industry is facing price, supply and safety risks in the run-up to the global ban on R-22 (chlorodifluoromethane or HCFC) refrigerant, warns Wilhelmsen Ships Service,

U.S. Ups Philippines Aid as South China Sea Turmoil Builds

The United States has raised its military aid to the Philippines this year to $79 million, the U.S. ambassador said on Wednesday, as tension rises in the region

Asia Fuel Oil-Cracks, Spreads Tight; Bunker Prices Climb

Asia's fuel oil crack for benchmark 180-centistroke rebounded to a discount of $6.79 a barrel on Wednesday, gaining as bunker prices firmed on the possibility of


BWM Convention Doesn't Resolve U.S. Issues - ICS

ICS notes that the IMO Secretary General has announced that the Ballast Water Management Convention will enter into force worldwide from 24 November 2016, following

Ballast Water Management in the Field Put to the Test

Turner Designs, along with scientists from around the world participated in a research cruise aboard the RV Meteor, a vessel owned by the Federal Republic of Germany

Out of the Eye ... & Staying There

I have never been in a hurricane. That’s a fact. Actually, my wife likes to say that whenever there is any kind of natural disaster, I’m typically nowhere to be found.


Asia Fuel Oil-Cracks, Spreads Tight; Bunker Prices Climb

Asia's fuel oil crack for benchmark 180-centistroke rebounded to a discount of $6.79 a barrel on Wednesday, gaining as bunker prices firmed on the possibility of

Swan Energy to Invest $845 mln for FSRU Terminal

Swan Energy Limited will invest around Rs. 5,600 crore ($845 mln) towards setting up of Jafrabad LNG Port project in Gujarat with one jetty-moored Floating, Storage and Regasification Unit (FSRU).

Tidal Energy from Deep and Slow Waters

Deep Green, an underwater kite construction from the Swedish company Minesto, is set to be deployed in 2017 at the Holyhead Deep site off the coast of Anglesey, Wales.

Mergers & Acquisitions

Alaska Buys TransCanada AK LNG Stake

The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million.

CMA CGM to Acquire Neptune Orient

France’s CMA CGM SA is in exclusive talks to buy Singapore’s Neptune Orient Lines Ltd (NOL), the shipping company and its Singapore’s Temasek Holdings Ltd., its largest shareholder, said.

Obama Urges Halt to Artificial Islands in S.China Sea

U.S. President Barack Obama said on Saturday that countries should stop building artificial islands and militarising their claims in the disputed South China Sea.

Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1193 sec (8 req/sec)