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UPDATE - Siemens completes job on Eco Wave Power's Israeli project

Eco Wave Power conversion unit, electrical component by Siemens. Image by Eco Wave Power

March 2 (Renewables Now) - Israeli company Eco Wave Power Ltd on Monday said the electrical assembly phase for its conversion unit has been completed by Siemens AG (ETR:SIE) and it can now proceed with the testing phase.

The hydraulic part of the conversion unit, which will be used at the company's Jaffa Port project, was assembled at the end of January. Together with the electrical part, it creates an integrated conversion unit. As part of the company's wave energy technology, the unit converts pressure from the waves into clean power.

After the integrated conversion unit undergoes simulation testing, the next stages are breakwater reinforcement and floaters production. Then the full system will be transported to the final implementation site, installed and connected to the grid.

Eco Wave Power's partner on the Jaffa project is EDF Renewables, while the Israeli Energy Ministry has provided some of the funding for it.

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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