What is the BlueInvest Project Pipeline?

See our showcase of innovative projects and entrepreneurs who are shaping the Blue Economy.

Projects consist of innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The graphs below provide an overview of the country distribution, sector, and TRL of projects currently listed in the BlueInvest Project Pipeline.

 

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Selection Criteria:

Your company is EU-based or from an eligible sea basin region (Georgia, Turkey, Ukraine, Moldova, Montenegro, Albania, Bosnia-Herzegovina, North Macedonia, Serbia, Turkey, Israel, Egypt, Tunisia, Algeria, Morocco, Lebanon, Syria, Libya, Mauritania, United Kingdom, or Norway)

Your project TRL is 4 or higher

Your project sector is in one of the 10 blue economy sectors identified for this initiative

Your solution has a clear sustainable impact on the blue economy

Your project is looking for investment

Project Country

Country in which the project is being developed and / or implemented. 

Project Sector

Main blue economy sector the project relates to.

Project TRL

Current technology readiness level of the project. 

Arrecife

Renewable energy from waves and currents

  • Blue renewable energy

Company behind project
Arrecife Energy Systems

Spain

About Us
Arrecife is composed of a team of three mechanical engineers and one economist.
The idea arises from José Javier Doria a PhD Professor Mechanical Engineer
Specialist in Aero/fluid dynamics.
External consultant for 30 years
400 industrial projects on energy space
Designer of turbines for several companies
Awarded as researcher by the Spanish Gov.
World Guinness Record - Makser Golf



Problem we are solving
In the case of wave energy, there is a need to find new technologies to produce more energy. The existing technologies are not working well, there is not a clear technology that can be efficient in the long term.
Regarding the tidal currents technologies, they suffer to reduce the cost of generation (LCOE) and maintenance of their equipment to be competitive. 80% of the elements that cause failures in turbines are concentraturbine failures are concentrated in the generator, gearbox, pitch, yaw, and hydraulic system, which is submerged.

Sustainable Impact on Blue Ecconomy
Arrecife is the first patente technology that can work with both waves and currents. Arrecife can increase the power by 100% (reducing the LCOE and maintenance costs by 40% using crossflow turbines being able to install all the elements on the surface and eliminate problematic systems such as pitch, yaw, brakes, and hydraulics

TRL
  • TRL 6 - System/subsystem model or prototype demonstration in a relevant environment

  • Readiness Assistance Beneficiary


Financial Needs500.000-1.000.000€

Planned Funding Allocation
  • Improve our R&D: 100