Wello Appoints Aki Luukkainen as CEO (27 Jan 2012)
Boost to commercialize Wello’s groundbreaking technology to produce sustainable energy from oceans.
Wello Ltd., developer of direct wave energy conversion device, today announced the appointment of Mr. Aki Luukkainen as the CEO of Wello Ltd. Wello has operations in Finland and Scotland.
Aki Luukkainen has an 18-year track record in executive management, corporate development and sales and marketing roles in the international markets. He has previously held executive positions in growth companies and large corporates as well as spin as an entrepreneur. He holds Master of Science degree from Helsinki University of Technology and MBA from Helsinki School of Economics.
"Wello has unique knowledge to unleash biggest source of renewable energy to electricity", said Mr. Vesa Sadeharju, Chairman of Wello. Wello has perfect solution to fulfill the increasing demand of producing part of the electricity with renewable sources and cutting down carbon emissions."
"Wello's simple and unique working principle is clearly superior", said Mr. Aki Luukkainen,newly appointed CEO of Wello. "I'm impressed of Wello’s approach to convert wave energy directly to electricity without unnecessary conversionsallowing clean energy production in large scale. I'm very much looking forward to help to launch the Penguin in the international energy markets."
"Aki's experience and expertise are exactly what is needed to take Wello to the next level," said Mr. Heikki Paakkinen, Founder and Chief Innovation Officer of Wello Ltd. "Having grown the company from early idea, I'm excited to welcome Aki with his significant and wide experience to launch Wello to international markets."
Status update (13 Dec 2011)
The Penguin wave energy converter, while lying alongside the quay at Lyness Wharf, sustained some damage on Thursday night (8th Dec) by the hurricane force winds that battered Orkney. The damage is being repaired and should not effect the installation date which is due early in the New Year.
For more information, CEO Heikki Paakkinen.
Baby Penguin Survived 100-Year-Storm (12 Oct 2011)
"Baby Penguin" experienced on 10th of October a storm which scaled up equals Northern Atlantic 100-year-storm.
Baby Penguin including its mooring arrangement is an exact 1:8 scale model of the full scale Penguin.
Penguin at sea in its installation rehearsal (22 Sep 2011)
Penguin is arriving to Orkney (27 Jun 2011)
the Tow of the Penguin (15 Jun 2011)
The Penguin departed from Riga Shipyard on 10th of June 2011. The Penguin is expected to arrive in Orkney around the 20th of June.
All-Energy 2011 (16 May 2011)
Penguin set to colonise Orkney waters (21 Apr 2011)
A penguin is about to embark on a long migration - all the way from the Baltic to Orkney. The device has been built in the Riga Shipyard in Latvia for Finnish wave energy company Wello and will be ...
