Wave Energy Scotland
Wave Energy Scotland is driving the search for innovative solutions to the technical challenges facing the wave energy sector. Learn more
Launch date
Employees
Company register number SC493764
Inverness Scotland (HQ)
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 12.3m | 11.9m | 11.2m | 9.0m | 7.9m | 7.9m | 7.9m |
| % growth | 38 % | (3 %) | (6 %) | (20 %) | (12 %) | - | - |
| EBITDA | (<1m) | (<1m) | <1m | <1m | <1m | <1m | <1m |
| % EBITDA margin | - | - | 1 % | 3 % | 3 % | 3 % | 8 % |
| Profit | (<1m) | (<1m) | (<1m) | <1m | <1m | <1m | <1m |
| % profit margin | - | - | (1 %) | 2 % | 3 % | 3 % | 8 % |
Recent News about Wave Energy Scotland
EditMore about Wave Energy Scotland
EditWave Energy Scotland (WES) is driving the search for innovative solutions to the technical challenges facing the wave energy sector. Through our competitive procurement programme, we support a range of projects focused on the key systems and sub-systems of Wave Energy Converters. The aim is to produce reliable technology which will result in cost effective wave energy generation.
WES was formed in 2014 at the request of the Scottish Government and is a subsidiary of Highlands and Islands Enterprise. The aim of WES is to ensure that Scotland maintains a leading role in the development of marine energy.
Through our work, we have awarded £39.6m to 88 projects, and been involved with 200 separate organisations, across 13 different countries.
