Eco Wave Power moves to floater installation stage of Israeli project
Eco Wave Power floater installation in Israel. Source: Eco Wave Power.
February 23 (Renewables Now) - Swedish marine energy company Eco Wave Power Global AB (NASDAQ:WAVE) said on Tuesday that all floaters for the 100-kW EWP-EDF One wave energy project have now been fabricated and delivered to the Port of Jaffa in Israel.
Local infrastructure builder Lesico Ltd (TLV:LSCO) has started installing the floaters to the sea wall at the project site, with one already installed. This process will be followed by a test run in real conditions and the official connection of the power station to the grid. System functionality and capacity tests should be carried out by the end of the second quarter of 2022.
"Preparation for the installation of all remaining floaters on the external side of the Jaffa Port breakwater is in advanced stages and we are relishing over the prospect of being operative soon in the Mediterranean waves,” said Inna Braverman, CEO of Eco Wave Power. She added that the goal is to produce first power in the third quarter of the year.
All 10 floaters will be hooked to one already installed conversion unit that is located on land to facilitate access for the purpose of operation and maintenance.