Eco Wave Power, a prominent onshore wave energy technology company, has recently launched its first MW-scale wave energy project in Porto, Portugal. This project is part of a larger 20 MW Concession Agreement and will include an innovative underwater wave energy museum, which will be the first of its kind.
The Founder and Chief Executive Officer of Eco Wave Power, Inna Braverman, along with the company’s engineering team, met with APDL (Administração dos Portos do Douro, Leixões e Viana do Castelo, S.A) and other stakeholders to kick off the project officially. The team visited the site where the energy conversion equipment will be installed and explored “The Gallery,” a room underneath the breakwater that will be transformed into a wave energy museum and education center open to the public.
During the site visit, local subcontractors and manufacturers were consulted to select the entities that will be involved in the project execution. Inna Braverman expressed her enthusiasm for the project, stating that it will demonstrate significant energy production from wave power and establish Eco Wave Power as a leading developer in the field of wave energy.
The first MW project aligns with the renewable energy goals of the Portuguese government, which aims to generate 85% of its electricity from renewable sources by 2030. Additionally, Eco Wave Power has been supported by Portuguese law firm PLMJ, which has expertise in regulatory frameworks for renewable energy projects.
Eco Wave Power’s technology aims to combat climate change by harnessing the power of ocean and sea waves to produce clean electricity. The company currently operates a grid-connected wave energy project in Israel and has plans to install projects in the Port of Los Angeles and Portugal. With a total projects pipeline of 404.7MW, Eco Wave Power has received funding from the European Union and the United Nations for its innovative work in renewable energy.
Overall, the launch of the first MW-scale wave energy project in Portugal marks a significant milestone for Eco Wave Power and a step forward in the global commercialization of wave energy technology. This project not only contributes to reducing the carbon footprint but also creates new job opportunities and fosters innovation in the energy sector in Portugal.
