Pedersen will be Edinburgh-based Pelamis’ first chief executive in more than a year, and joins as it attempts to make the transition from demonstrator projects to industrial production.

Former Pelamis chief executive Neels Kriek and chief financial officer Diana Bartlett simultaneously departed last October, with the private-equity backed company saying only that they had “successfully delivered a series of financial and commercial milestones” and wanted to be closer to London.

Pelamis