In late October 2025 new navigation lights were installed by an expert team from UNDEKO on our Waves4Power, WaveEL hub at Runde. This means we can extend our permit to operate there by another three years. UNDEKO also completed an underwater ROV survey and video of the hub, cable and moorings and all were intact, in good condition and still in operation after 9 years in harsh sea conditions. This is real proof of the survivability of the WaveEL system. Congratulations to W4P and our partners NKT, UNDEKO and Astorplast.