New energy device awarded to Mainstay Marine Solutions

Posted November 7, 2016 by Wave-tricity

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CEO Simon Gillett and Mainstay MD Stewart Graves

Wave-tricity are delighted to announce that the contract to build their new energy device has been awarded to Mainstay Marine Solutions, Pembroke.

This first major work package of the innovative wave energy converter development project will see Wave-tricity bring the world it’s first commercially viable, real world wave energy converter, that will not only provide energy to homes across the globe, but is aimed also at nations/islands principally where the cost of generation and energy security are of national importance. It will also be utilised to offer a desalination solution and to assist Disaster Relief providing a rapidly deployable and robust device from which to generate clean water and energy to disaster hit regions across the world.

“One of our key goals was to ensure the scheme benefitted the local economy and create supply opportunities for the region’s businesses” said Matthew Fairclough-Kay, managing director of Wave-tricity, “Mainstay have the depth and breadth of expertise to meet our needs for the start of this exciting project”, “they have been wholly impressive in the lead up to contracted works beginning at their site in Pembroke Dock. We look forward to working together to enable sea trials of our power take off devices to start in 2017”.

Mainstay’s managing director, Stewart Graves added, “We have built an enviable reputation for our work on projects in marine energy and are looking forward to working closely with Wave-tricity on this pioneering scheme”.

The Ocean Wave Rower, which has been developed by Wave-tricity, is part-funded by a £4m investment from the European Regional Development Fund via the Welsh Government.