Eco Wave Power has signed an agreement for its first wave energy project in Taiwan.
The agreement is with Lian Tat and the project is expected to commence with a 100KW pilot to gradually expand to 20MW.
Longer term the partners have ambition to install 400MW of wave energy capacity using Eco Wave Power’s technology on the Taiwanese coastline.
CY Huang (pictured, left) , the Chairman of Lian Tat, said: “Taiwan is an island country with a coastline of 1566 kilometres, with high potential for the installation of marine energy.
“The construction of Eco Wave Power’s project is relatively easy, and I believe that it will be a significant stepping stone for the development of green electricity in Taiwan.
“I also think that this will allow Taiwan to break away from existing renewable energy restrictions and develop in the direction of diversified renewable energy.
“As a result, we have already completed the site selection process and once the 100KW demonstration site is built, with positive results, our target is to expand it to 20MW, and we will continue to push up to more than 400MW of wave energy installed capacity.”
Inna Braverman (pictured, right), Founder and CEO of Eco Wave Power, said: “Due to Taiwan’s impressive technological abilities, we plan to produce our floaters locally, thereby creating not only clean electricity from the waves, but also new wave-energy related workplaces.
“I believe that this new collaboration will not only be a win-win collaboration for both parties but will also serve as a pioneering step towards the implementation and adaptation of wave energy all over Asia, as this will be the first onshore wave energy array in the region.”
Huang has led Lian Tat’s transformation into a company that works to find renewable energy resources to help Taiwan achieve its clean energy goals and answer the maritime industry’s calls for decarbonisation and lowering pollution levels.