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Cost Competitive Wave Energy Without Moving Parts

Award Information

Agency:
Department of Commerce
Branch:
N/A
Award ID:
99546
Program Year/Program:
2010 / SBIR
Agency Tracking Number:
10-51
Solicitation Year:
N/A
Solicitation Topic Code:
8.1.5SG
Solicitation Number:
N/A
Small Business Information
Hifunda, Llc
419 Wakara Way Suite 207 Salt Lake City, UT 84108-3506
View profile »
Woman-Owned: No
Minority-Owned: No
HUBZone-Owned: No
 
Phase 1
Fiscal Year: 2010
Title: Cost Competitive Wave Energy Without Moving Parts
Agency: DOC
Contract: WC133R10CN0220
Award Amount: $94,950.00
 

Abstract:

Conventional approaches to ocean energy are unlikely to make a material impact on global energy supply. HiFunda LLC and its affiliate Oscilla Power, Inc. are developing a utility-scale wave energy harvester enabled by low cost, domestically-and readily-available magnetostrictive alloys that requires no moving parts. This device has the potential to deliver baseload power to coastal utilities, industrial users, and remote facilities at costs competitive with coal or gas. Early prototypes could enable low cost battery charging for remote buoys. This project will demonstrate that the combination of (1) existing material compositions, (2) compressive stress biasing and (3) permanent magnet biasing are sufficient to deliver the required magnetic flux performance. In combination with privately funded demonstration of a wave tank prototype and building upon prior testing demonstrating the magnetic induction potential of these alloys under representative loads, this project will demonstrate substantial technology risk reduction on the path to commercialization.

Principal Investigator:

Balakrishnan Nair
President
8018971221
bnair@hifundallc.com

Business Contact:

Rahul Shendure
Vice President
2069995373
rshendure@hifundallc.com
Small Business Information at Submission:

HiFunda, LLC
2150 South 1300 East Suite 500 SALT LAKE CITY, UT 84106

EIN/Tax ID: 263003580
DUNS: N/A
Number of Employees:
Woman-Owned: No
Minority-Owned: No
HUBZone-Owned: No