Anaconda wave power unit gets funding boost
ERJ staff report (DS)
Southampton, UK -- Checkmate Seaenergy Ltd, the company developing the Anaconda technology to exploit wave power, has appointed Brewin Dolphin as Financial Adviser. Brewin Dolphin will lead an initial funding round to enable the company to develop the unique Anaconda Wave Energy Converter as it moves to commercialisation.
Anaconda is made almost entirely of rubber and sits just below the sea's surface. Anaconda is designed to harness wave energy along the length of its rubber tube, in turn driving a turbine attached at the down-wave end, to produce electricity.
Des Crampton, Chief Executive of Checkmate Seaenergy Ltd, said, "We are working with Brewin Dolphin to help achieve full commercialisation of the Anaconda Wave Energy Converter.
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Press release from Checkmate Seaenergy
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