Integrating Energy into Coastal Infrastructure: Wave Swell Energy Featured in United States Department of Energy Report

3 March 2026

Wave Swell Energy Limited has featured in a United States Department of Energy (DOE) report prepared by the National Laboratory of the Rockies focussed on the economic and deployment benefits of Coastal Structure-Integrated Wave Energy Converters (CSI-WECs).

The report independently validates that integrating wave energy converters into ports, breakwaters, and coastal defence structures represents a low-risk, high-reward approach that delivers both renewable energy and enhanced coastal protection – providing a practical pathway for marine energy deployment.

Wave Swell Energy Limited was one of three wave energy developers selected to assess high-potential U.S. sites, including Puerto Rico, Hawaii, the Pribilof Islands and Humboldt Bay.

This recognition aligns with the success of the real-world deployment of Wave Swell Energy Limited’s unique and innovative wave energy converter in a multi-year project in the southern oceans in Australia that was independently assessed by the DOE through the Pacific Northwest National Laboratory. The report comes at a time when WSE is progressing CSI-WEC deployment opportunities in the United States, Taiwan, and Europe, further strengthening WSE’s project pipeline.

This recognition by a U.S. national laboratory further reflects WSE’s position as a globally credible and commercially ready CSI-WEC solution provider.

The full report is available from the National Laboratory of the Rockies in the following link: https://lnkd.in/d3vAysDj

National Taiwan Ocean University Sign Landmark Memorandum of Understanding to Advance Wave Energy Solutions

Taipei, Taiwan – 20 November 2025

Wave Swell Energy Limited, a leader in renewable energy innovation, is excited to announce the execution of a Memorandum of Understanding (MOU) with the National Taiwan Ocean University (NTOU), marking a significant milestone in the development of its cutting-edge wave energy technology in Taiwan.

This MOU sets the stage for a groundbreaking collaboration focused on the deployment of a wave energy converter at the NTOU’s facility in Keelung, Taiwan. This initiative represents a major step towards advancing Taiwan’s renewable energy capabilities, with the goal of establishing a state-of-the-art wave energy converter that will harness the power of ocean waves to generate clean electricity and demonstrate the durability and commercial viability of Wave Swell Energy’s technology in Taiwan’s weather conditions.

Under the terms of the MOU the parties will collaborate on selection of a specific site at the NTOU’s Keelung facility where Wave Swell Energy’s wave energy converter will be deployed and operated. The parties will establish a consortium of partners that will collaborate on the development and funding of the wave energy converter, including the development of a local supply chain for all components of the wave energy converter.

The collaboration between Wave Swell Energy and the NTOU is a testament to both organisations’ commitment to accelerating the transition to new and innovative renewable energy sources. President Hsu Tai-wen of NTOU emphasised “This collaboration combines industrial capabilities with disciplined monitoring and verification undertaken by NTOU to demonstrate Taiwan’s marine renewable energy strategy.” With Taiwan’s coastal regions offering exceptional potential for wave energy generation, this project promises to significantly contribute to the island’s sustainability goals.

“We are thrilled to partner with National Taiwan Ocean University on this transformative project,” said Paul Geason, CEO of Wave Swell Energy. “This collaboration underscores our shared vision of harnessing the power of the ocean to create clean, reliable electricity solutions. Together, we will pave the way for future innovations in renewable energy and help Taiwan lead the way in establishing a thriving and globally leading ocean energy sector.”

About Wave Swell Energy Limited

Wave Swell Energy is a pioneering global leader at the forefront of wave energy technology. The company is dedicated to harnessing the power of ocean waves to provide clean and sustainable energy, contributing to global efforts to reduce reliance on fossil fuels.

About National Taiwan Ocean University

National Taiwan Ocean University is one of Taiwan’s leading institutions dedicated to marine sciences and technologies. The University plays a crucial role in driving research and development in the areas of oceanography, environmental science, and marine engineering, contributing to the global understanding of oceanic and renewable energy resources.