Eco Wave Power, whose system was set up on the Rock in May 2016, has won the prestigious United Nations Global Climate Action Award, under the “Women for Results” category.
Eco Wave Power is a company founded in 2011 which is the only company in the world that turns ocean waves into clean energy, connecting wave floaters to the power grid.
It is hard to ignore the implications of our dependency on pollution-generating, global temperature-changing fossil fuels; some Israeli startups are trying to create greener, more sustainable alternatives.
Eco Wave Power and the renewables arm of French utility EDF SA (EPA:EDF) have formally set up a 50/50 joint venture in Israel to develop a 100-kW pilot wave energy project.
Eco Wave Power has finished the design and engineering of its Jaffa Port project expansion and started procurement of parts for the construction of the plant.