Ocean Wave Power System - About the company
Ocean Wave Power System is an unfunded company based in Rawang (Malaysia), founded in 2019. It operates as a Developer of systems converting ocean wave motion into renewable electricity. Ocean Wave Power System has not raised any funding yet. The company has 112 active competitors, including 31 funded and 7 that have exited. Its top competitors include companies like Ocean Power Technologies, Carnegie Clean Energy and CorPower Ocean.
Company Details
Developer of systems converting ocean wave motion into renewable electricity. The systems are designed for installation near the shore, reducing grid connection costs. Components are primarily in dry locations, which lowers construction, operation, and maintenance expenses. The systems can be customized for varying wave conditions and deployment locations.
- Website
- oceanwavepowersystem.com
- Phone Number
- +60 **********
Key Metrics
Founded Year
2019
Location
Rawang, Malaysia
Stage
Unfunded
Ranked
124th among 172 competitors
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Ocean Wave Power System's funding and investors
Ocean Wave Power System has not raised any funding rounds yet.
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Ocean Wave Power System's Competitors and alternates
Top competitors of Ocean Wave Power System include Ocean Power Technologies, Carnegie Clean Energy and CorPower Ocean. Here is the list of Top 10 competitors of Ocean Wave Power System, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ocean Power Technologies 1984, Monroe Township (United States), Public | Ocean energy technology provider offering intelligent maritime solutions | - | 63/100 | |
2nd | Carnegie Clean Energy 1987, Fremantle (Australia), Public | Provider of CETO wave energy converter and solar PV systems | - | 63/100 | |
3rd | CorPower Ocean 2009, Stockholm (Sweden), Series B | Wave energy converter solutions provider | $91.4M | 61/100 | |
4th | Ocean Renewable Power Company 2004, Portland (United States), Series C | Helical horizontal axis turbines | $40.7M | 59/100 | |
5th | Eco Wave Power 2011, Tel Aviv (Israel), Public | Provider of wave power and wave energy devices | $5M | 58/100 | |
6th | Schottel Hydro 1921, Morsbach (Germany), Funding Raised | Provider of hydrokinetic turbines and semi-submerged platforms | - | 55/100 | |
7th | Ocean Harvesting Technologies 2007, Karlskrona (Sweden), Seed | Developer of wave energy converter technology for electricity generation | $355K | 55/100 | |
8th | SINN Power 2014, Gauting (Germany), Series B | Provider of photovoltaic technology for energy generation on land and water | $9.36M | 52/100 | |
9th |  Triton Anchor 2022, Chelmsford (United States), Seed | Developer of anchoring solutions for floating offshore wind and marine energy | $2.2M | 51/100 | |
10th | Oscilla Power 2009, Seattle (United States), Seed | Provider of wave energy harvesting system | $6.79M | 47/100 | |
124th | Ocean Wave Power System 2019, Rawang (Malaysia), Unfunded | Developer of systems converting ocean wave motion into renewable electricity | - | - | 16/100 |
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Ocean Wave Power System's Investments and acquisitions
Ocean Wave Power System has made no investments or acquisitions yet.
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