According to SSAB, the deal represents a next step for wave electricity plants because it considers the sourcing and recycling of structural materials, placing greater emphasis on the entire lifecycle of energy generating systems.
 
“We have supported CorPower Ocean for almost 10 years with the selection and specialist design of high-strength steel for its constantly evolving wave energy technology. Now, we are hugely excited for the next chapter of this long-term partnership, delivering fossil-free steel to ensure CorPower Ocean’s commercial product is delivered with the lowest carbon footprint possible,” said Thomas Hörnfeldt, SSAB vice president for sustainable business.