A promising new way of generating electricity from the ocean is being trialled in Bass Strait (channel separating Victoria, Australia, from the island of Tasmania).
The partnership will identify potential sites for both mWave energy projects and combined wind and mWave energy projects in Japan and the neighbouring regions.
The funding round was led by Midroc New Technology, with additional investment from ALMI Invest Greentech, EIT InnoEnergy, and a group of private investors.