The collaboration will give full certification to WaveRoller, a submerged, nearshore wave energy converter (WEC) that sways on a hinged panel attached to the seabed to generate energy, as well as facilitiating future project financing and insurance coverage for array projects.

"Lloyd's Register has a long history in certifying devices in the marine environment and AW-Energy's WaveRoller project is one of the world's latest innovations for the renewable sector," states Lloyd's Register vice president for renewables Ross Wigg.

Wigg highlighted: "AW-Energy's engagement throughout the certification process is encouraging and we are looking forward to working alongside them to assure their technology and commercial success."

AW-Energy chief executive John Liljelund adds: "The continuous collaboration with companies like Lloyd's Register Energy and [previously] with DNV GL, both leading institutions in technical advice and certification, further bolsters the development team at AW-Energy.

"AW-Energy has ongoing wave energy projects in Ireland, France, UK, Chile, the US and Portugal, where a 300kW version of the WEC has been running off since 2012.

The WaveRoller 's panel capture wave surge, driving piston pumps that propel a working fluid through a hydraulic generator.

The device is designed for deployment in waves of three to five metres and water depths of around 12 metres.