Wavepiston, a Danish company focusing on wave energy solutions, has entered a collaboration with Ørsted to study the potential of co-locating offshore wind and wave energy in Denmark. This collaboration aims to maximize energy production from Danish waters. Wavepiston's unique technology involves 'sails' that move with passing waves, driving hydraulic pumps to generate pressurized seawater. This seawater is then converted into electricity and desalinated water. By combining wind and wave energy, Wavepiston anticipates a more stable electricity supply and reduced operational costs due to shared infrastructure. Emiel Schut, CCO of Wavepiston, highlights the positive environmental impact and potential for future energy markets. Wavepiston envisions significant growth, targeting 17 projects by 2030, with estimated revenue of €1-2 billion and 3.5-5.4 GW of capacity by 2035. The article also mentions other initiatives exploring co-location strategies, including RWE's exploration of floating solar panels and offshore hydrogen production. These efforts reflect a shift towards innovative renewable energy solutions and sustainable practices in the energy sector.