In 2014, Eco Wave Power signed a 5MW PPA (Power Purchase Agreement) with the Government of Gibraltar and the Gibraltar Electricity Authority.
The construction was co-funded by The EU Regional Development Fund as well as private investments groups.
In May, 2016, EWP and the Government of Gibraltar held an official opening ceremony of the newly constructed wave energy power station on the east side of Gibraltar.
Now, at a former World War II Ammunition Jetty, sits the initial 100KW of a 5MW power station.
EWP’s Gibraltar project is our first grid connected project and a significant step towards the the commercialisation of the EWP technology. Today, the station is the only grid-connected wave energy array in the world, operating through a PPA (Power Purchase Agreement).