This paper proposes an active filter (AF) enabled power architecture to harness oscillating power from wave energy converter (WEC). The proposed power architecture consisting of a diode rectifier and a dc-dc converter along with the partially-rated active filter, is cost-effective compared to conventional fully-rated power converter in generating oscillating power. The architecture is suitable to generate power using both squirrel-cage induction generator (SCIG) as well as permanent magnet synchronous generator (PMSG). In the current work, over all system modeling and control strategy is described for a SCIG based system. Feasibility of the proposed system is validated through experimental implementation with an emulated WEC excited by practical ocean wave data. The proposed system can also be effectively utilized to generate varying power from the tidal energy converter (TEC).