News & Press
The Centro de Desarrollo Tecnológico Industrial (CDTI), a public institution dependent of the Spanish Ministry of Science and Innovation has granted funds from its NEOTEC’19 R&D initiative to W’wave, the pioneer in Concentrated Wind Power Systems to support the entry of our technology in the market. We are truly thankful for the trust of the CDTI to help us pursue the objective of making great products that optimize the wind resource in existing and future wind farms, increasing the output of its turbines and decreasing the global cost of clean energy.
W’wave has recently obtained financing from Empresa Nacional de Innovación SA (ENISA) to support its innovation efforts. ENISA is a Spanish state-owned company that falls under management of the General Directorate of Industry and SMEs, itself integrated into the Spanish Government’s Ministry of Industry, Commerce and Tourism. It provides financial support to small and medium-sized enterprises that wish to bolster their innovative entrepreneurial endeavors.
W’wave and the Centro de Investigaciones Energéticas, Medioambientales y Tecnológicas (CIEMAT) have initiated a collaboration to validate W’wave’s CWP systems in the Centro de Desarrollo de Energías Renovables (CEDER), located in the Altos de Lubia (Soria). During the next months, W’wave will be testing several of its product designs, increasing progressively their level of sophistication to achieve the most effective and cost-efficient product for our customers.
W’wave has completed a private seed investment round to undertake the next step of its development. For this it counted with the support of the financing platform SociosInversores.com The Founding partners are now backed with the trust and advice from first-class investors from their network and the energy and finance industries. Follow the link below to read external content about the round:
W’wave won the first prize in the 2018 edition of the Cleantech Camp start-up competition promoted by Innoenergy and other partners, which recognizes the Iberian company within the field of clean technology with the most growth potential. From W’wave we are truly thankful to Innoenergy for an excellent organization of the Cleantech Camp initiative and to the jury that selected W’wave. Follow the link below to read external content about the prize: