Wave to Energy Pilot Projects

The aim is to install INGINE’s Wave Energy Converter system in selected locations in Vietnam, Sri Lanka and Indonesia, in order to supply clean and sustainable energy to local communities.

By

INGINE

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Social causes

Beneficiaries

SDGs covered

Endorsed by

MYSC (Merry Year Social Company)

MYSC is a leading social innovation consultancy & impact investor working mainly in Korea through impact network and partnership.

Market of Implementation

  • Indonesia
  • , Sri Lanka
  • , Vietnam

Problem

In target countries, energy demand is driven up by economic development and an increasing number of tourists. In turn, local authorities must constantly seek new supply sources and often settle for fossil fuel power plants which contribute to climate change. As for isolated communities in remote coastal and island areas, they have to rely on polluting and expensive diesel generators. Common renewable energy installations such as solar panels are part of the solution – but they often do not suffice, for several reasons: lack of energy storage solutions, unpredictable or unstable supply, land scarcity, etc.

Solution

The Wave to Energy Project solution to reduce GHG and CO2 emissions is to replace fossil fuels or provide new energy supply using wave power plants. This can be done in combination with other renewable energy sources and energy storage solutions. In target areas, the project contributes to energy security and independence, fossil fuel pollution reduction, and to boosting local economic development. Waves, as a predictable and dense energy source, allow off-grid communities to use clean energy for both residential and productive use, namely for the fishing and tourism industries which many island and coastal towns rely on. The INWave (TM) wave energy converter system is composed of a floating buoy nearshore and a power generating unit onshore. The resulting energy is then transmitted to the grid or to captive networks. Wave power plants are integrated to local infrastructure such as breakwaters. Their small size compared to other renewable energy installations facilitate landscaping. As opposed to most other ocean energy plants, the INWave (TM) does not have a turbine nor subsea electronic cables. As a result, there is no collision risk for marine wildlife and no electromagnetic fields. Underwater noise only exists temporarily during construction.

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