Wave energy developers, CorPower Ocean from Sweden, and US-based Columbia Power Technologies, have been selected as finalists running for two $100,000 prizes as part of Ocean Exchange platform.

The sixth annual Ocean Exchange will feature fifteen worldwide solutions with the ability to generate economic growth and increase productivity while reducing the use of nature’s resources and the production of waste.

CorPower Ocean, with its wave energy converter (WEC) whose design was inspired by the pumping principles of the human heart.

The innovators will present their solutions at an event which will be held on November 9-11, 2016, and compete for one of two $100,000 awards from worldwide sponsors Gulfstream Aerospace Corp. and Wallenius Wilhelmsen Logistics.

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