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Sign upEco Wave Power
A technology for generating clean & affordable electricity from ocean and sea waves
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Eco Wave Power
A technology for generating clean & affordable electricity from ocean and sea waves
Label Date
October 18, 2018
From
Israel
Maturity stage
TRL 9 / CRI 3-4 - Commercial Scale Up / Multiple commercial Applications
Comprised of floaters submerged in the ocean/sea attached to structures such as piers and jetties, Eco Wave Power uses specially designed floaters use buoyancy force, changes in water level and flow, the ‘airlock’ effect, and the vertical movement of waves, to create an efficient energy conversion process. This system serves communities that have less heavy energy requirements and do not have the means for a cumbersome system that could be found further offshore. As such, the capital expenditure requirements are vastly reduced – about 1 million USD per Megawatt installed.
The Environmental Benefits
- •100% clean and emission-free
- •More constant than unconventional energy
- •No need for polluting marine vessels for the operation and maintenance
The Financial Benefits
- •No need to build new infrastructures as the solution fits the existing ones.
- •ROI around 5 years, lower capital expenditure than larger offshore solutions
- •Erosion-resistant because only 10% of the system is inside the water.
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Company Profile
Eco Wave Power
Eco Wave Power is the sole global inventor, owner and developer of the unique EWP wave energy technology & power plants.
Headquarters
Khoma u-Migdal St 13, Tel Aviv-Yafo, Israel
Type
Startup or self-employed
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Eco Wave Power has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.