Eco Wave Power
Climate One-Liner
Our oceans and seas are an immense source of renewable power which, according to IRENA, can generate twice the amount of electricity the world produces now. EWP's innovative onshore wave energy technology is pioneering the wave energy field and allows for cost-effective, efficient, and stable power generation from the ocean/seas. This will significantly expand global electricity supply and reduce GHG emissions from traditional fossil-fuel based power generation sources.
Description
Eco Wave Power has developed an innovative, cost-efficient, and patented technology that generates clean electricity from oceans and sea waves.
The unique onshore wave energy technology is comprised of floaters that are installed on existing marine structures such as breakwaters, piers, and jetties.
Eco Wave Power is the only wave energy company in the world, which owns and operates a wave energy array which is connected to the grid in accordance with a commercial Power Purchase Agreement (PPA). Currently, the company has over 325MW of projects pipeline worldwide and is working to implement its technology on coasts worldwide.
Big Picture
Climate Impact
Climate Challenges
Funding Stage:
C
First Paying Customer to Multiple Customers
Product Stage:
* Information on the climate impact of the startup's technology