Langlee Wave Power receives grants of 5 MNOK from the Research Council of Norway

2009-12-17

The Research Council of Norway has granted support of NOK 5 mill to Langlee Wave Power related to R&D activities for the next two years.

The grants supported is related to initiatives for increasing the overall efficiency of the system by improving specific areas of the wave power converter.

 

Throughout 2009 Langlee has been granted a total of NOK 7 mill from Skattefunn, Innovation Norway and NRC, and has succeeded in raising NOK 6.7 mill through share issues.

 

Read the article here.

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