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The Company was founded in 1998 by Dr Richard Yemm, Dr Dave Pizer and Dr Chris Retzler with the aim of developing the Pelamis Wave Energy Converter.
Since then the company has raised almost £40million of investment and has been successful in bringing Pelamis technology to the commercial marketplace. The company now employs over 70 people and has headquarters in Edinburgh. There are further operations in Portugal. This year the executive management team was strengthened in order to meet the growing opportunities in the market: Phil Metcalf was appointed as Chief Executive Officer and Diana Dyer Bartlett as Chief Financial Officer. Also this year, the company changed its name from Ocean Power Delivery to Pelamis Wave Power. The change of name reflects the significant progress of the business and reinforces the strong identity of ‘Pelamis’. |
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