The system sways in tune with the forces of the ocean, and naturally streamlines when extreme conditions prevail, leading to cost-competitive lightweight designs. Multiple bioWAVE devices, each with a capacity of 1 MW, are designed to be installed in undersea wave energy farms, where the combined power output is then supplied to the on-land grid via subsea cable.
BioPower’s CEO, Dr Tim Finnigan, said the two companies were planning a demonstration project in Spain that would follow the upcoming bioWAVE pilot testing in Australia. The demonstration project in Spain could commence as early as 2011. After the first demonstration of a full-scale bioWAVE device in Spain, BioPower Systems would intend to commence developing wave energy farms.