Vantaa developer of the WaveRoller submerged-flap wave energy converter (AW-Energy Oy, business ID 1797737-9, registered 17 April 2003; mechanical and process engineering in the Finnish register). Its Portuguese permanent representation, AW-Energy Oy, Sucursal em Portugal (NIF 980449146, Esplanada do Castelo 22, 4150-196 Porto), is registered to build a wave-energy demonstration system and sell the electricity it produces. WaveRoller units were tested off Peniche in 2012 and 2019–2021, and the EU-funded ONDEP project (€19 million from Horizon Europe, from October 2024) is deploying a 2 MW array of four WaveRollers at the same site.
Vantaa developer of the WaveRoller submerged-flap wave energy converter (AW-Energy Oy, business ID 1797737-9, registered 17 April 2003; mechanical and process engineering in the Finnish register). Its Portuguese permanent representation, AW-Energy Oy, Sucursal em Portugal (NIF 980449146, Esplanada do Castelo 22, 4150-196 Porto), is registered to build a wave-energy demonstration system and sell the electricity it produces. WaveRoller units were tested off Peniche in 2012 and 2019–2021, and the EU-funded ONDEP project (€19 million from Horizon Europe, from October 2024) is deploying a 2 MW array of four WaveRollers at the same site.
AW-Energy sits inside the Portugal ↔ Scandinavia business corridor that NorthSouth HQ tracks every day. Its operations are a data point in the broader story of how capital, goods, people and ideas flow between Portugal and the Nordics — a corridor that is accelerating in 2026.
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