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Finnish energy company Fortum has signed a leasing agreement with U.K.-based Wave Hub in order to test wave power solutions off the coast of Cornwall, England.

Fortum says the agreement provides the company with a new opportunity to deploy full-scale wave power converters in ocean conditions. The company adds that the Wave Hub facility is consented, grid-connected and capable of handling up to 10 MW of installed generation.

"This is as much 'plug and play' as it gets when it comes to wave power generation development. The site already has everything we need to start testing," comments Fortum's Chief Technology Officer Heli Antila.

"One wave power solution that we are currently evaluating to be deployed at the site is the 'Penguin,' developed by Finnish wave power company Wello," adds Antila. "This technique comprises vessels that float on the water and capture kinetic energy, which is then turned into electrical power, with minimal anchoring attached to the bottom."


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