What Purelectron does

Purelectron Innovation India OPC India Private Limited is a Bhubaneswar, Odisha-based, founder-owned One Person Company developing the 'Wave Engine', a low-cost ocean wave energy converter designed to harvest kinetic energy from ocean waves and convert it into electricity. The Wave Engine platform comes in two deployment variants — a Near Shore model engineered for turbulent, low-energy near-shore conditions with pumped storage, and an Offshore model designed for higher-energy offshore environments that couples radiation damping with potential energy storage for megawatt-class output per device. Core technology features include resonance-based multipoint power capture across six degrees of freedom (heave, pitch, surge, roll, yaw), a gravity battery / potential energy storage mechanism for continuous torque output across wave gaps, automatic submergence for storm survivability, and a targeted operating envelope of 0.5-3m wave heights suited to Indian coastal conditions.

The company's planned revenue model is the generation and sale of electrical power from wave energy parks — either to grid operators or directly to industrial buyers such as desalination plants — with a secondary revenue stream from desalinated water production. Indicative project economics are quoted at INR 3.65-4 Cr per MW for initial 1MW projects (claimed below the INR 4-5 Cr per MW benchmark for solar and wind), with COE stepping down from INR 4-5/kWh at 1MW to INR 2-2.5/kWh for 2MW+ deployments. Go-to-market is direct-sales-led, targeting Indian government utilities pursuing the 500GW-by-2030 renewable mandate and private coastal industrial off-takers.

The company is at a pre-commercial R&D stage: a basic lab prototype (Version 1) has been developed, an MVP is described as forthcoming, and Indian Patent No 201631026341 A ('Wave Engine System and Methods for Efficient Wave Power Harvesting') was published in February 2018. The firm is bootstrapped with no disclosed external funding, operates with 1-10 employees, and markets itself primarily through a WordPress-hosted website and organic social media presence (Facebook, LinkedIn, Twitter, Instagram). No commercial deployments, customer contracts, partnerships, or revenue are documented in available sources.

Name

Purelectron

Legal name

Purelectron Innovation India OPC India Private Limited

Website

https://purelectron.wordpress.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Purelectron is a pre-revenue, founder-owned Indian renewable energy company developing the Wave Engine — a low-cost, resonance-based ocean wave energy converter with Near Shore and Offshore variants — targeting Indian government utilities pursuing the 500GW-by-2030 renewable target and private coastal industrial buyers.

Ownership category

akta.pro rank

Product category

Ocean Wave Energy Conversion Equipment

NAICS

Electrical Equipment Manufacturing (3353)

SIC

Engines & Turbines (3510)

akta.pro primary industry

Wave Energy Converter (WEC) Power Generation (EUACAJAC)

akta.pro secondary industry

Marine & Hydrokinetic R&D (Tidal, Wave, River Current, OTEC) (EUAMAOAD)

Keywords

• Ocean wave energy
• Wave energy converter
• Marine power systems
• Renewable energy devices
• Kinetic energy harvesting

Headquarters

HQ city

Bhubaneswar

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Wave Power Generation and Sale: Generating and selling electrical power from wave energy converters to grid operators and industrial facilities. Power output can be sold to grid or used industrially (e.g., desalination plants). Company is in R&D phase with plans for commercial deployment.
2. Desalination Integration: Using wave power output for industrial applications like desalination plants to produce drinking water from seawater, creating additional revenue stream from water production

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Purelectron designs and develops the Wave Engine, a low-cost ocean wave energy converter that uses resonance-based technology to convert kinetic energy from ocean waves into electrical energy. The product is offered in two deployment variants—Near Shore and Offshore—and is targeted at Indian government utilities and private industrial buyers seeking cost-competitive renewable power for grid supply and industrial applications such as desalination.

Product overview

Purelectron offers a unified wave power technology called the Wave Engine, consisting of two deployment models: Near Shore and Offshore. The core Wave Engine converts kinetic energy from ocean waves into electrical energy using resonance-based technology, multipoint power capture across six degrees of freedom, and a gravity battery (potential energy storage) mechanism. Both models share the same underlying technology platform but are optimized for different marine environments. Output can be sold to power grids or used for industrial applications like desalination plants.

Differentiator

Problem solved

Functional benefit

Brands

• Wave Engine: Low cost innovative oceanic wave energy converter device for consistent and optimal electric power output that can generate consistent electric power in spite of wave irregularities and low height waves. Features resonance-based technology, gravity battery for potential energy storage, multimode energy capture (six degrees of freedom), low cost installation, and high survivability.

Products and services

• Wave Engine A low-cost ocean wave energy converter device that converts kinetic energy from wave motion (heave, sway, pitch) into electrical energy. Uses resonance-based technology with multipoint power capture and potential energy storage mechanisms to provide continuous power output despite wave irregularities. Available in Near Shore and Offshore deployment models. Designed for grid power supply and industrial use (e.g., desalination) in Indian coastal regions.
• Wave Engine - Near Shore Model A deployment variant of the Wave Engine designed for near/on-shore installations. Capable of capturing energy in all directions and engineered for the more turbulent and dampened energy conditions typical of near-shore environments. Features a pumped storage mechanism for potential energy storage, with significantly lower installation cost than offshore devices.
• Wave Engine - Offshore Model A deployment variant of the Wave Engine designed for offshore installations. Captures heave motion of waves and uses potential energy storage for optimal power harvesting by linking radiation damping with storage. Capable of generating megawatt-class power per device.

Quantifiable outcome

• 2000-3000 W per square meter power density vs Solar (100-200 W/m2) and Wind (400-600 W/m2)
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Ingeteam: Spanish electrical equipment manufacturer with a renewables division supplying power conversion, generators and grid-tie equipment for wind, marine and other renewables — adjacent incumbent supplying enabling power-electronics to wave energy projects.

Direct peers

• AW-Energy: Finnish wave energy company (WaveRoller device) focused on near-shore deployment for grid-connected power — comparable as a near-shore WEC developer pursuing commercial installations.
• Carnegie Clean Energy: Australian wave energy developer (CETO technology) pursuing utility-scale grid-connected projects — comparable as a wave-energy specialist targeting commercial deployment.
• Wave Swell Energy: Australian wave energy company developing oscillating water column technology for low-wave environments — comparable on the cost-driven, low-wave-condition positioning Purelectron emphasizes.
• Eco Wave Power: Israel-based wave energy company deploying near-shore, low-cost wave energy conversion technology with installations in Israel and Portugal — directly comparable on near-shore, cost-driven positioning.
• CorPower Ocean: Swedish wave energy converter developer using resonance-based WEC architecture to amplify power capture — closely comparable on resonance-based technology philosophy and commercial ambitions.
• Ocean Power Technologies: US-listed wave energy converter developer focused on offshore PowerBuoy systems for ocean monitoring, offshore oil & gas, and utility-scale power generation — the most directly comparable publicly-traded peer in the WEC category.
• CalWave Power Technologies: US-based wave energy converter developer focused on submerged, survivable WEC designs — closely comparable on the survivability-focused, submerged-during-storms engineering approach.
• Mocean Energy: Scottish wave energy start-up developing the Blue Star WEC with surface-following point absorbers and energy storage — comparable as a small-team, deep-tech WEC developer at similar stage.
• Oscilla Power: US wave energy start-up developing multi-mode point-absorber WECs targeting both coastal and deep-water applications — comparable on multimode capture and dual-deployment-model strategy.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/purelectron

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Purelectron