The Wave Energy Converter (WEC) industry is gaining remarkable attention as the world accelerates toward cleaner and more resilient energy systems. Wave energy, one of the most predictable and consistent renewable sources, taps into the natural motion of ocean waves to generate electricity. Unlike solar or wind, waves are available day and night—offering a stable and reliable form of power generation.

Today, governments, research institutions, and private developers are investing heavily in WEC technologies as part of the broader shift toward diversified renewable energy portfolios. From oscillating water columns and point absorbers to attenuators and overtopping devices, various converter designs are being tested and deployed to suit different marine environments. Coastal regions with strong wave patterns, such as Europe, the U.S. West Coast, and parts of Asia-Pacific, are particularly active in pilot projects and demonstration facilities.

One of the driving forces behind the industry’s growth is the global push for…

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