Wave energy developer Eco Wave Power has entered into a strategic collaboration with Portuguese company Painhas to provide technical support for a 20MW project it is developing in the country.
Painhas will provide technical support in relation to official licensing procedures for Eco Wave Power’s wave energy project in Portugal, as part of the developer’s recently signed concession agreement with the Port Authority of Leixoes, APDL.
Once licensing is obtained, the parties will work towards a continued collaboration for the execution of the project.
Painhas board member Helena Painhas said: “The company has a mission of taking an active part in the implementation of innovative renewable energy sources in Portugal.
“In the past, we have provided our engineering and construction services to the wind, solar and hydro industries, and we believe that now it is the right time to expand to the promising wave energy sector, through our collaboration with Eco Wave Power.”
Painhas, which was founded in 1980, has more than 40 years of experience in providing engineering and construction, operation and maintenance services for the energy sector in Portugal and other countries.
Eco Wave Power founder and CEO Inna Braverman said: “We are very pleased to announce our strategic collaboration with Painhas, which is a top tier expert in the energy sector in Portugal.
“We believe that such collaboration will shorten our licensing procedures and enable us to reach the next step of our Portugal project.”