Everyone knows that fossil fuels are an unsustainable source of energy, dirtied by pollution and politics. But global attempts to find alternatives on a mass scale have had limited success.
Wave power works when other renewables don't, but energy companies have failed to harness this constant source of energy. Now all that is about to change.
The Israeli wave energy company Eco Wave Power (EWP) has closed the second round of its fundraising campaign, having secured $3 million for the delivery of project pipeline.
“This is a great honor for Mexico to be among the first countries in the world and the first in the Americas to generate electricity from ocean waves,” said CEO of Eco Wave Power Mexico.
The Mexican subsidiary of Israeli wave energy developer Eco Wave Power (EWP) has unveiled plans to construct a 4.1MW wave energy power plant in the Mexican state of Colima.