Sea Wave Energy Limited (SWEL), based in Cyprus, has developed a Wave Energy Converter (WEC) known as the Waveline Magnet. This innovative floating generator uses a flexible "spine" of interconnected plastic platforms to harness the motion of ocean waves and convert it into electric power, potentially producing up to 100 MW of energy under ideal conditions. SWEL has conducted successful tests in Larnaca Bay, and while further development and testing are required, the WEC shows promise as a cost-effective and eco-friendly alternative to fossil fuels. SWEL aims to deploy the WEC connected to an electrical grid in the ocean within the next five years, marking a significant step in renewable energy production and environmental preservation.

Sources:

https://swel.eu/

https://youtu.be/jDdDRYaTrzw

​