Eco Wave Power has entered into a partnership with a renowned energy company to launch the first wave power pilot station in the United States, located at AltaSea’s facility in the Port of Los Angeles. This project marks a significant milestone for the introduction of wave energy technology in the country.
From its headquarters in Los Angeles, Eco Wave Power Global AB has officially announced the signing of an agreement with a leading energy corporation, whose name is detailed in the company’s latest 20-F report. This agreement will promote the development of the company’s first project in the United States.
The announcement comes after the conclusion of a comprehensive feasibility study conducted jointly with the same energy company. The three-month study evaluated potential locations in the U.S. and globally, identifying as many as 77 sites in the U.S. suitable for the implementation of Eco Wave Power technology. This study highlights the potential of wave energy to contribute significantly to the production of clean energy. clean energy .
Inna Braverman, founder and CEO of Eco Wave Power, highlighted the importance of harnessing ocean energy to transform the energy sector and achieve global net zero emissions goals. Its collaboration with industry leaders is a step forward in the company’s commitment to sustainable innovation and a greener energy future.
About Eco Wave Power technology
In terms of practical implementation, Eco Wave Power has already demonstrated its technology in several locations, including the EWP-EDF One power plant in Tel Aviv, which marked the first time wave power was integrated into Israel’s national grid in August 2023.
Enthusiasm for wave power has been on the rise in the U.S. since Eco Wave Power announced its pilot station in Los Angeles Harbor. Recently, California Governor Gavin Newsom enacted legislation to assess the feasibility of wave and tidal energy along the California coast, highlighting the importance of this renewable energy source. In addition, similar initiatives are being considered in other states such as New Jersey.
According to the U.S. Department of Energy’s National Renewable Energy Laboratory, wave energy has the potential to generate more than 1,400 TWh per year in the country, which would be enough to power more than 130 million homes.
Environmental and economic impact of wave energy
The potential of wave energy is not limited to its ability to generate clean, renewable electricity. This energy source also has the advantage of being considerably less intrusive than other energy infrastructures, which minimizes its environmental impact on marine ecosystems.
In addition, the development of projects such as Eco Wave Power at the Port of Los Angeles can stimulate local economic growth, providing new employment opportunities and fostering technological innovation in the renewable energy sector.
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Source and photo: ecowavepower.com
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