In 2012, Etymol Ocean Power has been awarded with a technology development grant of the Chilean government through its implementation unit CORFO Innova.
In 2013, the "Etymol Submarine Vessel Wave Converter", won IDEAS IV Energy Innovation Contest of the Interamerican Development Bank (IDB), which involves to provide energy coming from the ocean to isolated communities in the Southern regions of Chile.
Finally in 2014, a new PCT invention patent process has been developed based on the Etymol Technology advanced features.
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