Finnish Renewable Technology Developer, Wello Ltd, Has on June the 30th Successfully Installed the Penguin Wave Energy Converter to Orkney Waters

The Penguin wave energy converter is now floating and connected to mooring system in Billia Croo test site. After careful planning the actual installation of the Penguin took only 36 hours. The installation was conducted by a multicat vessel assisted by a harbour tug.

Espoo, Finland, July 04, 2012 --(PR.com)-- Initial results confirm efficient rotating movement of the device even in smaller waves than originally anticipated. Installation will be followed by data collection and performance optimization based on the data.

Aki Luukkainen, CEO of Wello Ltd, says: “We are proud to be one of the few companies to have full size wave energy converter deployed. With the installation we were also able to demonstrate scalable and cost efficient deployment.”

Heikki Paakkinen, Founder of Wello commented right after the installation: “I was surprised by the ease of the deployment. Once everything was well prepared and planned there were no major surprises. From the installation point of view a floating device is a perfect solution.”

Wello Penguin is a unique and patented construction to harvest ocean energy. It is based on industry standard components, including a generator typically used by wind turbines, to allow scalable manufacturing by virtually any shipyard using existing manufacturing processes.

For further information, please contact
Aki Luukkainen
CEO
+358-40-517 83 87
aki.luukkainen@wello.eu
www.wello.eu

Wello press photos are available at www.wello.eu/imagearchive.php

About Wello
Wello is a developer of wave energy converters. Founders of Wello have been responsible for dozens of wave energy concepts with thousands of hours spent at sea. The Penguin model was selected for further development in 2008 when Wello Ltd. was founded. Since then a number of scale models have been built and tested successfully in laboratory and at sea, most recently a full size device now under tests. The Wello Penguin has a power generation capacity of 0.5-1MW, with an upgrade path towards 10MW. A fully sealed floating generator platform, with all moving parts inside the platform, Penguin delivers harvested energy as electricity to the national grid.
Contact
Wello Ltd.
Aki Luukkainen
+358-40-5178387
wello.eu
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