An Israeli company that turns waves from the ocean into electricity will be bringing its technology to Taiwan, under a new agreement.
Eco Wave Power Global transfers the motion of ocean waves to power stations on land using its uniquely shaped floating devices, which rise and fall with the waves’ up-and-down motion and the changes in water levels. The power stations convert the energy into fluid pressure used to spin a generator, producing electricity.
It will establish a joint company with Lian Tat, a Taiwanese maritime engineering company, to develop wave energy projects in the country.
The first stage of the project will be a 20 MW (megawatt) wave energy power station in Taiwan, which will begin with a 100 kW (kilowatt) pilot and expand in stages to the total installed capacity.
The project is expected to create numerous economic benefits, including job opportunities in manufacturing, transportation, construction, and engineering.
“We are excited to partner with Lian Tat Company to bring wave energy to Taiwan,” said Eco Wave Power’s founder and CEO Inna Braverman.
“As an island with most of its population by the shore, Taiwan has a unique capacity to have wave energy at the forefront of the country’s renewable energy portfolio. We are looking forward to taking this historic first step towards implementing Eco Wave Power’s technology throughout Taiwan.”
Lian Tat Company Chairman CY Huang said: “I believe that wave energy has enormous potential as a renewable energy source, and this collaboration is a significant step towards unlocking that potential.
“With Eco Wave Power’s innovative technology, our collaboration will establish a benchmark project that will demonstrate the viability and scalability of wave energy in Taiwan, especially with the country’s 1,566 kilometers of coastline.”
Facebook comments