[Pictured above: Measurement equipment installation in Gibraltar]
Eco Wave Power Company, developer of patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity, signed a collaboration agreement with the Procurement Administration in the Israeli Ministry of Defense for the Israeli Navy, in order to examine the feasibility of installing the Eco Wave Power technology in the Bases of the Navy. According to this agreement, Eco Wave will provide and deploy wave measuring systems to collect extended wave data. This equipment will be installed by the Navy’s specialized diving team in the territorial waters of selected Navy’s bases, in order to later estimate the potential for producing clean electricity. Upon verification of the production feasibility, both sides will make their best efforts to work towards construction of sea waves based power stations for the Navy’s bases.
Inna Braverman, Chief Executive Officer of Eco Wave Power stated: “This is a very important collaboration, indicating potential for future similar agreements with navy bases worldwide, which can become significant players in the global fight against climate change. This contract may open new market segment for us.”
Harness the sea waves for the fight against climate change
EWP develops a unique wave energy power plant, which can take advantage of the vast wave energy potential around the world. The EWP convertors draw energy from wave power throughout uniquely shaped buoys, “The Wave Clapper” and the “Power Wing” that rise and fall with the up and down motion, lifting force, change of water level, hydraulic air lock, and incident flux of waves.
The motion of the floats is then delivered to shore by a subsea cable. The Shore- located, machinery room”/hydro pneumatic system (located on land, just like a regular power station), converts the energy from this motion into fluid pressure, which is used to spin a generator, producing electricit.
EWP is recognized as a “Pioneering Technology” by the Israeli Ministry of Energy and was labelled as an “Efficient Solution” by the Solar Impulse Foundation. EWPG’s project in Gibraltar has received funding from the European Union Regional Development Fund and the European Commission’s Horizon 2020 framework program. The company has also received the “Climate Action Award” from the United Nations.