AW Energy OY

AW Energy OY Overview

Company Headquarters: Jarvenpaa, Finland

Founded: 2002

Workforce: ~150

Company Working: AW Energy OY is engaged in manufacturing equipment for harnessing wave energy. Its flagship product, the Waveroller, is a submerged wave energy harnessing technology, which is based on a hinged panel that is attached to the sea bed. This technology generates electricity from the surge phenomenon of sea waves.

The company’s manufacturing facility is located in Finland. It has collaborated with many major industrial companies including Lloyds Register Group Services Limited (UK), Wartsila (Finland), and DNV GL (Norway).

Strategy

AW Energy OY has adopted collaboration strategy to develop and innovate its products and services. For instance, it collaborated with Queen’s University (Canada) for funding from the MaRINET2 program to conduct numerous tests on the Waveroller. The tests were conducted for six months between April 2018 and October 2018. Currently, the company is focused on R&D as product development will increase sales and also attract funding from numerous organizations, which will be highly beneficial for the growth of the company in the next few years.

Company Snapshot

150

Employees

2002

Founded

Jarvenpaa, Finland

Headquarters

SWOT Analysis

Strengths

Innovative product

Weaknesses

Dependence on external funding

Opportunities

Increasing implementation of wave energy harnessing systems in Asia-Pacific

Threats

Fluctuating prices of raw materials
Intense Rivalry

Product Offering

AW Energy OY
- Wave energy-Waveroller

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.