Opera Energy, a reputed Indian independent power producer (IPP) in the renewable energy sector, and Havkraft AS, a Norwegian wave energy company, have entered into a strategic agreement to explore the opportunities for the deployment of wave energy farms across various sites in India. This collaboration aligns with India’s comprehensive strategy for sustainable development and supports the nation’s increasing demand for renewable energy solutions.
Opera Energy’s Managing Director, Amit Kambariya, expressed his enthusiasm for this momentous step towards implementing new technologies for usage of innovative non-conventional sources of energy through tapping the wave energy resources for electrifying India hailing the unique Havkraft N-class wave power plant technology as the catalyst for this endeavor. He stated, "We are delighted to embark on this groundbreaking partnership with Havkraft AS. Together, we will explore the vast potential of wave energy sources in India, driving the green transition and meeting the escalating demand for energy. This collaboration will pave the way for a more sustainable and prosperous future.”
Geir Arne Solheim, CEO of Havkraft AS, regards this collaboration as a pivotal milestone for the wave energy industry, recognizing India as an ideal and significant nation to harness the immense power of the ocean. Solheim emphasized, "We are proud to join forces with Opera Energy, a key player in the Indian renewable energy market. Through this partnership, we aim to leverage Havkraft’s cutting-edge wave power technology to accelerate the electrification of India. The abundant wave resources in Indian waters present an exceptional opportunity to foster sustainable economic growth and mitigate climate change.”
The collaboration between Opera Energy and Havkraft AS will focus on evaluating the feasibility and viability of large-scale wave energy farms at multiple sites across India. By leveraging Havkraft’s advanced Havkraft N-class wave power plant technology, the partnership seeks to harness the untapped potential of the Indian Ocean to generate clean and renewable electricity. The project aligns perfectly with the Indian government’s ambitious renewable energy targets and commitment to combatting climate change.
The successful deployment of wave energy farms in India has the potential to deliver numerous benefits, including a significant reduction in greenhouse gas emissions, improved energy security, and job creation in the renewable energy sector. Moreover, it will pave the way for a sustainable energy future and contribute to India’s goal of achieving 40% of its total energy capacity from renewable sources by 2030.