Exclusive: Corpower set to raise €20m as it targets world's largest wave energy park
26 May 2026
09:14
Swedish wave energy company Corpower Ocean is seeking to raise an additional €20m this year, the company's commercial director told Impact Loop.
The capital comes as the startup pushes towards a commercial-scale wave energy park off the coast of Portugal.
The capital comes as the startup pushes towards a commercial-scale wave energy park off the coast of Portugal.
Wave power has attracted growing investor interest as European governments push to diversify clean electricity sources.
Corpower Ocean – the Swedish startup building a fleet of buoys designed to convert ocean swell into electricity – is one of the most advanced players globally.