Waves4Power CEO quits

Ulf Lindelöf (Photo: Waves4Power)

The Chief Executive Officer (CEO) of Waves4Power, Ulf Lindelöf, has resigned from the position after five years.

The Swedish wave energy developer said the reason behind Lindelöf’s decision to leave the company lies in the disagreement with Waves4Power’s board on the future governance of the company.

Bengt Mårlind has been appointed as interim CEO of Waves4Power, until the appointment of a new CEO for the company.

Mårlind, a member of Waves4Power’s board, has extensive experience from corporate management, both as CEO and Chairman of the board, the company said.

To remind, Waves4Power last week marked 5 months of power export from its WaveEL wave energy plant to the Norwegian grid from the Runde test site.

Waves4Power developed a WaveEL wave energy device that produces electricity using hydraulic pump which is connected to the accumulator that feeds a hydraulic motor with a generator, which in turn converts the hydraulic pressure to electric power.

Share this article

Follow Tidal Energy Today

Events>

<< Jan 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Waterpower Week 2018

This 3-day jam packed event provides you the opportunity to network, learn about legislative and regulatory initiatives, and discuss…

read more >

Marine Moorings Masterclass – STORM project

Funded by Innovate UK, the STORM (Specialised Thimbles for Offshore Renewable Marine energy) project is aiming to design a new multi-material…

read more >

RenewableUK Wave & Tidal 2018

The event will bring together leading developers, OEM’s, financial and innovation funding experts, technical and safety professionals…

read more >

Scottish Renewables Annual Conference

Scottish Renewables’ Annual Conference 2018 will take place against a background of these debates and examine in detail what these changes…

read more >