What is the BlueInvest Project Pipeline?

The BlueInvest Project Pipeline is a database and showcase of projects, scale-ups and SMEs who are driving innovation and sustainability in the Blue Economy.

The projects featured are innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The aim is to facilitate connections between projects and investors, helping innovative ventures gain visibility and access to funding opportunities.

 

Want to be featured? 

Login to the BlueInvest community & Submit your project

 

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

What is the BlueInvest Project Pipeline?

The BlueInvest Project Pipeline is a database and showcase of projects, scale-ups and SMEs who are driving innovation and sustainability in the Blue Economy.

The projects featured are innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The aim is to facilitate connections between projects and investors, helping innovative ventures gain visibility and access to funding opportunities.

 

Want to be featured? 

Login to the BlueInvest community & Submit your project

 

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

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