Advanced Third Age Renewable Energies Company (ATAREC) is a Moroccan startup that aims to position itself as a leader in innovative third-generation renewable energy solutions, with the goal of ensuring green energy autonomy for its partners. ATAREC is distinguished by its Wave Beat wave energy pilot solution, a solution patented in more than 70 countries.
With around 50% of the population living near the seas, ATAREC wants to become an economic, social and environmentally responsible leader, working for a positive impact on people and the planet thanks to its solutions aimed at facilitating access to energy and water.
Wave energy for its part is distinguished by its continuity — the waves do not stop! This is a smoothing effect of wind energy. As a result, WAVE BEAT has proven a load factor in Tangier Med exceeding the threshold for offshore wind power of around 60%. On the other hand, WAVE BEAT, thanks to its amplification system and by exploiting onshore advantages while being offshore, has proven a LCOE (Levelized Cost of Energy) among the most competitive technologies in the world of wave energies.