After successful testing of the Symphony Turbine, a next phase is entered. Headed by DMEC within the Intereg program 2seas, the program ENCORE is started. This Program acknowledges the sea as possibility for producing sustainable energy. It acknowledges also the complexity in the technology development and the business development. Several technology developers will be supported by experts from Europe to make a next step. Teamwork Technology is building Symphony Wave Power as a technology and new business opportunity. The program will run until 2022 and will enhance us to build and test the full prototype in a dry-test setup, as a next step in the de-risking of the technology. During this period a consortium will make final steps to establish a special purpose company to bring the business forward.
The province of North-Holland supports this program, in a contribution to companies to add marine renewables to the energy mix.