The Wave Hub test facility was funded by the European Regional Development Fund Convergance Programme and the UK Government. It is operated by Wave Hub Ltd whose purpose is to:
- Progress technology development by enabling connection and testing of offshore renewable energy installations;
- Drive research and innovation to help overcome the final hurdles to full commercialisation; and
- Foster a growing offshore renewable energy industry and stimulate associated community benefits
Wave Hub Ltd also actively engages in knowledge transfer through international research collaborations and the provision of consultancy services.