Swedish company Eco Wave Power has set up a subsidiary in Portugal, which has commenced the licensing process for the first 1MW of a 20MW concession agreement entered into with APDL in 2020.
Pedro Ernesto Ferreira will be overseeing Eco Wave Power’s activities in Portugal, including the licensing and the promotion of the APDL project.
He will also establish contacts with additional sites and ports in Portugal that are interested in the Eco Wave Power technology, work on grant submission and run day-to-day operations.
Ferreira began his professional career at EFACEC, as a member of the research and development team, while most recently he was an asset management specialist at EDP, supervising and managing the operation of all the company’s hydroelectric power plants in Portugal.
He said: “I’m truly excited to be part of this innovative and pioneering project.
“Our mission is to commercialise wave energy in Portugal, and I am looking forward to assist in laying the foundations for future high-volume operations.
“My near future aim will be successfully completing the demonstration phase with a first 1MW wave energy array.
“Following this, we plan to expand to commercial scale installations.
“I was attracted to Eco Wave Power because of its ground-breaking technology, having developed a cost efficient, reliable, insurable and environmentally friendly technology, which will enable the company to deliver commercially viable projects.”
Eco Wave Power founder and chief executive Inna Braverman said: “We are thrilled to welcome Pedro to our team. He brings extensive experience and passion towards the energy sector and I am confident that he will undertake a key role in our Portugal commercialisation plans.”