Business
Eco Wave Power- Addressing the global demand for RENEWABLE, RELIABLE and AFFORDABLE energy • Established in 2011 and headquartered in Israel, EWP has developed proprietary technology for extracting energy from sea waves. • EWP completed its wave tank and field testing in the Black Sea, and currently has an installed R&D power plant in Jaffa Port, and a 100kW grid-connected power station in Gibraltar, to be followed by a 5MW grid-connected power station. • Highly competitive & cost effective green solution – EWP's construction costs , as well as production costs per kWh, were found to be the most competitive in the wave energy market and are also competitive compared to wind and solar. • Excellence Awards Winning - Granted the “Frost & Sullivan Product Award” , “Business Green Leaders Award” the “IAIR Sustainability Award”, “Energy Globe Award” for “Best project in Israel“ by Unesco, the Mixiii Innovation Award by the Chief Scientist of Economy, Erasmus University Award and recognition as “pioneering technology” by Dr. Halaf, Chief Scientist of the Ministry of Energy, Government of Israel. EWP’s project in Gibraltar also received funding from the European Union. • Global Spread- EWP has subsidiaries in China, Mexico and Gibraltar, with additional subsidiaries in advanced negotiation phases. • Projects pipeline in capacity of 130 MW