The EWP-EDF One power station we built in collaboration with and co-funding from EDF Renewables IL and the Israeli Energy Ministry
Eco Wave Power is officially connected to Israeli electrical grid. (Credit: Eco Wave Power)
Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) (“Eco Wave Power” or the “Company”), a leading, publicly traded onshore wave energy developer, announced today that its station at the Port of Jaffa in Tel Aviv, EWP-EDF One, has officially connected to Israel’s national electrical grid – making it the first wave energy project to deliver electricity to the country’s power supply.
Now, the EWP-EDF One project will proceed to full system calibration that is to be followed by a ceremonial “plugging in” event and demonstration in the coming months to commemorate this historic achievement.
The EWP-EDF One power station we built in collaboration with and co-funding from EDF Renewables IL and the Israeli Energy Ministry. The Israeli Energy Ministry has recognized the Eco Wave Power technology as a “pioneering technology”. The EWP-EDF One power station has an installed capacity of 100 KW, enough energy to power approximately 100 homes at peak efficiency.
“We are proud to see our vision of sustainable wave energy becoming a reality at the Port of Jaffa,” said Eco Wave Power Founder and Chief Executive Officer Inna Braverman. “I am grateful to the EDF Renewables IL team, Israeli Energy Ministry, the Atarim Group (which manages and develops the Tel-Aviv Jaffa coastline), and my entire team at Eco Wave Power who worked tirelessly to take this project from an idea to a new source of clean energy for Israel. We believe this is just the start for wave energy and we are excited for this station to serve as a catalyst for many more projects across the globe.”
The wave energy system installed at the Port of Jaffa is comprised of ten floaters along the Port of Jaffa’s pre-existing breakwater. Each floater connects directly to Eco Wave Power’s land-based energy conversion unit, which enables easy access for operational maintenance and upgrades.
The land-based conversion unit and utilization of pre-existing structures demonstrate Eco Wave Power’s ability and commitment to sustainably build clean energy power stations at nearly any location. The adaptability is further shown by its EWP-EDF One power station at the Port of Jaffa – one of the world’s oldest ports – and the upcoming pilot station at the Port of Los Angeles – one of the world’s busiest seaports and leading gateway for international trade in the Western Hemisphere.
In addition to providing clean energy to Israel’s electrical grid, the EWP-EDF One power station will also serve as a public education center. Eco Wave Power recently announced that the it received the GREENinMED grant by the European Union, which will fund the creation and installation of a unique educational experience at the Port of Jaffa station.
Source: Company Press Release