The idea of using waves as an energy source is far from new; in fact, attempts have been documented as early as 1799. But since then, harnessing wave power for commercial applications has proven to be a challenging pursuit: devices are vulnerable to harsh weather conditions, they have a high capital cost, or simply dont produce enough power to make for a viable business project. But Scotland-based AWS Ocean Energy aims to change that. The startup has reported results 20% better than expected for its Archimedes Waveswing, a prototype wave energy generator that, for the past six months, has been…

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