Ocean energy. Engineered for scale.
Power is
all around us.
We turn the continuous motion of the ocean into reliable, renewable electricity
– close to the communities and industries that need it.
59.9° N / OCEAN-BORN TECHNOLOGY
ENERGY SHAPES WHAT COMES NEXT
Affordable. Reliable. Clean.
The foundation for what we build next.
Driving Growth
The next wave of industrial growth will happen where dependable energy is available. It will influence where companies invest, where new jobs are created and which communities are positioned to prosper.
Ocean Power
Blue Energy Group is unlocking a vast, local resource: the continuous motion of the ocean. Our modular wave energy platform is designed to deliver clean power close to demand — and expand from focused deployments to utility-scale arrays.
THE TECHNOLOGY
Built below the surface.
Our system captures the vertical motion of ocean waves and converts it into electricity through a robust, direct-drive generator.
Most of the working technology remains below the surface — protected from the harshest conditions, modular by design and connected into arrays through a shared subsea grid.
ONE CONNECTED ADVANTAGE
01
Continuous
02
Modular
03
Local
OUR SUSTAINABILITY FOCUS
Depth over breadth.
4 measurable commitments.
Our ambitions as a company are broader: build a profitable, scalable energy business that creates long-term value. Within sustainability, we concentrate on four UN Sustainable Development Goals where our work can make a direct and measurable contribution.
Clean power delivered
Measured by renewable electricity generated and supplied, in MWh.
Infrastructure that performs
Measured by installed wave-energy capacity and system availability.
Emissions displaced
Measured by lifecycle carbon intensity and avoided emissions, in tCO₂e.
Ocean stewardship
Measured by the share of project sites with marine baselines and ongoing environmental monitoring.
EXECUTIVE TEAM
Entrepreneurial speed.
Institutional quality.
We combine the urgency and ownership of entrepreneurs with the engineering discipline, governance and capital-market experience required to build critical energy infrastructure.
EXECUTIVE CHAIRMAN
Christian Mjønes
Serial entrepreneur and company-builder leading strategy, capital formation, partnerships and international commercialisation.
CHIEF EXECUTIVE OFFICER
Morten Hillmann-Brugård
Corporate finance and emerging-markets executive with experience scaling international energy businesses.
CHIEF TECHNOLOGY OFFICER
Hans Ivar Laukli
Deep-tech engineering leader experienced in taking complex technology from product concept to industrial scale-up.
VP CORPORATE DEVELOPMENT
Jens Henrik Ødegard
Finance and business-development professional with Bain & Company experience, a Yale degree and further studies at MIT.
PART OF THE TOUGH TECH ECOSYSTEM
Resident at The Engine.
Blue Energy Group is part of The Engine resident community — the MIT-founded ecosystem created to help breakthrough science and engineering move from the laboratory to real-world impact. The connection places our technology within one of the world’s leading communities for climate, energy and hard-tech innovation.
OUR AMBITION
Ocean energy.
Built to scale.
We are building a commercially strong energy company — turning a vast renewable resource into dependable infrastructure and long-term value.
Join us
Let’s build the future of ocean energy.
Whether you’re an investor, industry partner, utility or organisation exploring new energy opportunities, we’d like to hear from you.
Tell us a little about what brings you here, and our team will get back to you.