Eco Wave Power

Company profile:

Eco Wave Power developed proprietary technology for extracting energy from ocean and sea waves and converting it into electricity. The technology allows for the generation of efficient, fully renewable, and 100% emission-free electricity at affordable prices.
Eco Wave Power constructed its’ R&D power station in Jaffa Port, Israel, as well as a first grid connected power station in Gibraltar, which is currently the ONLY grid connected wave energy array operational in the world, selling electricity to the grid under a Power Purchase Agreement.
The Gibraltar power plant (co-funded by the European Regional Development Fund) is connected to the grid since 2016 and has become the world’s longest grid connected array to date.
The Gibraltar project receives significant attention as it positions wave energy as a viable & reliable renewable energy source.
Due to its’ pioneering aspect, the Eco Wave Power plant in Gibraltar received the Energy Globe Award given in collaboration with the United Nations for “Best Project in Gibraltar”( https://www.energyglobe.info/gibraltar2018?cl=en&id=262742 ) & Eco Wave Power also received a Seal of Excellence from the European Commission.
Currently, the company holds project pipeline of 160MW and has 3 subsidiaries (in Gibraltar, China and Mexico)