A water tank with wave flap and a model made of colorful styrofoam balls – in this playful way, SINN Power presented itself on the common exhibition booth of the Federal Ministry for Economic Affairs and Energy (BMWi) at the Hannover Messe. Successfully: The team hardly had time to catch their breath while answering the numerous visitors’ curious questions.
After playing with the wave flap and the model, most understood the wave energy converter’s concept in just a few seconds. Hardly believable to most, however, was that the simple, but intelligent solution should not have existed before. That the SINN Power wave energy converter indeed differentiates itself from previous developments through its simple construction was one of the most common moments of insight for the booth’s visitors.
Another aspect that especially impressed the visitors were the ocean tests of the wave energy converter module on Crete that the SINN Power team had begun in late 2015 with the support of the EXIST Research Transfer program of the BMWi. “In comparison to last year, today we can show some specific successes and have first requests from customers for our devices,” Chief Marketing Officer Rike Brand explains.
To prepare the market entry with a floating test wave energy converter by the end of 2016, SINN Power specifically used the Hannover Messe to raise capital, for example from investors and experts from the energy sector at the pitch competition “New ideas for the energy transition” of the German Renewable Energy Federation (BEE).
In conversations and other presentations, Brand emphasized over and over again that using wave energy is not a far-fetched vision but an immediate reality. “We are currently looking for a site for a first commercial wave energy converter in 2017. Private island owners from the Caribbean may contact me directly,” the entrepreneur adds with a smile.