Wello and Taiwan's NTOU Sign to Deploy Wave Energy in Taiwan

Source: www.gulfoilandgas.com 6/21/2022, Location: Asia

Wello is excited to announce the signing of an MOU between Wello Oy and National Taiwan Ocean University's Centre for Ocean Energy Systems (NTOU) for the exploration, and deployment of Wello's wave energy converter in Taiwan.

Monday May 30th representatives from Wello and NTOU met in Keelung city, Taiwan to sign a document outlining the plans to deploy Wello's wave energy converter off the coast of Taiwan. In attendance of the signing ceremony were also the Ministry or Foreign Affairs, The Industrial Technology Research Institute (ITRI), the Keelung City Government, and representatives from Finland Trade Centre in Taiwan.

The speeches given by all parties echoed the message for the need to increase renewable energy generation within Taiwan to reach their 2030 renewable energy goals. Professors from ITRI commented on the strong survivability of Wello's device and its applicability to deal with the harsh oceans' conditions in Taiwan. Wello is very excited about moving forward with this project and beginning a strong cooperation with Taiwan, with the aim of multiple wave energy projects in the near furute.


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