Pelamis Wave Power
| Fate | Bankrupt |
|---|---|
| Founded | 1998 |
| Defunct | November, 2014 |
| Headquarters | Edinburgh, Scotland, United Kingdom |
|
Key people
|
Richard Yemm (CEO and Founder) |
| Products | Wave energy converters |
| Website | www |
Pelamis Wave Power designed and manufactured the Pelamis Wave Energy Converter – a technology that uses the motion of ocean surface waves to create electricity. The company was established in 1998 and had offices and fabrication facilities in Leith Docks, Edinburgh, Scotland. It went into administration in November 2014.
The company was founded in 1998 by Richard Yemm, Chris Retzler and David Pizer with the aim of commercialising the Pelamis Wave Energy Converter. Originally named 'Ocean Power Delivery', the company changed its name in September 2007.
In 2004 the company installed and tested their first full-scale prototype at the European Marine Energy Centre in Orkney, Scotland, becoming the first commercial scale, offshore, wave power machine to successfully generate electricity into the national grid. A commercial order for three 750 kW machines followed this successful demonstration of the Pelamis technology, resulting in the installation of three Pelamis Wave Energy Converters in 2008, the Aguçadoura Wave Farm. Located off the northwest coast of Portugal near Póvoa de Varzim the project was funded by Portuguese utility Enersis, at the time were owned by Australian global investment company Babcock & Brown. The farm first generated electricity in July 2008 but was taken offline in November 2008 at the same time as Babcock & Brown encountered financial difficulties.
In February 2009, Pelamis Wave Power secured an order from German utility company E.on for a new generation Pelamis Wave Energy Converter, termed the P2. The machine was installed and grid connected for the first time at EMEC in October 2010, where it was tested. An additional order for a P2 machine has been placed by Scottish Power Renewables in March 2010.
The company were involved with a joint project with Swedish utility Vattenfall to develop the Aegir wave farm off the coast of Shetland, and three 50MW sites in the Pentland Firth area, resulting from The Crown Estate seabed leasing round in March 2010.
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Wikipedia