AW-Energy, Namibian company sign wave energy technology agreement

Finnish near-shore wave energy technology company AW-Energy has signed a memorandum of understanding (MoU) with Kaoko Green Energy Solutions, in Namibia, for the development of renewable energy infrastructure and to produce green hydrogen from renewable energy sources, including wave energy. The initiative will operate in three phases, with Phase 1 entailing detailed site design and the fabrication and deployment of a WaveRoller wave farm on the coast of Swakopmund to deliver renewable power to support in-land resettlement and development.