Michele Grassi, born in 1970, has a degree in Mathematics from Scuola Normale Superiore di Pisa and a PhD in Mathematics from the University of California Los Angeles. In 2005 he had an idea for an innovative method for extracting energy from waves.

After the initial preliminary studies, in 2008 he created 40South Energy Ltd in London to commercialize the machines globally.

Today

The machines that we build constitute a generation jump with respect to the previous ones, in terms of survivability, reliability, load factor and cost.

In 2010 the Italian bank Monte dei Paschi di Siena provided a loan to finance the construction of the first full scale pre-commercial prototype of a 100kW machine. In the summer of 2010 Zurich agreed to insure our machines (for damages against third parties), due to the intrinsic multi-layered security measures (both active and passive) incorporated already in the D100t prototype.

We already sold the first R38/50kW machines, and we are rolling out commercially also the R115/150kW.

We are building our network of partners to set up assembly, distribution and O&M in the various markets (segmented by geography and by power rating of the machines)