EWP completes power plant in Israel. Gibraltar to follow

Business & Finance

Eco Wave Power (EWP) has completed the installation of its second generation wave power plant in Israel, and started parts procurement process for its new project in Gibraltar.

EWP has been conducting wave pool testing as well as real conditions testing in order to prove the durability of its wave energy system’s components over the course of last four years.

The insights gained from these tests enabled EWP to start working on components upgrade and development of an automation system that serves to collect data and enables remote control, operation and maintenance of the power plant, while providing the grid with stable electric output, EWP’s press release reads.

The improved EWP’s wave energy system was installed in Jaffa Port, Israel, earlier this month. The upgraded power plant will be working with two floaters.

One of the floaters is an improved ‘2nd generation floater’ which will be tested by EWP ahead of its deployment in a different wave energy project planned for Gibraltar.

2nd generation station in Jaffa Port, Israel
2nd generation station in Jaffa Port, Israel

 

The company signed a power purchase agreement with the Government of Gibraltar during 2014.

Under the agreement, EWP plans to install a wave farm comprised of eight ‘2nd generation floaters’ on a pier in Gibraltar by the end of 2015.

This will be the first phase towards delivering a complete project that will have the capacity of 5 MW.

According to EWP, the 5 MW power plant will provide Gibraltar with 15 percent of its energy consumption and assist the country in meeting its renewable energy targets by 2020.

EWP currently holds projects pipe-line of 111 MW.

As reported earlier, Eco Wave Power received an approval from the Chinese government for the construction of a 100 kW wave power plant in Zoushan island, China.

Eco Wave Power, an Israeli wave energy player, has developed its proprietary technology (Wave Clapper and Power Wing) which harnesses the motion of the waves in order to produce electricity.

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Images: Eco Wave Power