Eco Wave Power’s proprietary technology is a unique and innovative approach to the wave energy system design, which provides the following competitive advantages:

01.

Cost-Efficient

The EWP technology has attractive construction and production prices. EWP’s cost is significantly lower than offshore competition, since during Eco Wave Power’s installation and O&M activities, the company does not require the use of ships, divers, underwater cabling and mooring.

02.

Reliable

Eco Wave Power’s technology is highly reliable as most of the cost of the system located on land, and only the floater mechanisms are located in the water. Therefore, the Eco Wave Power conversion unit is not subject to an aggressive marine environment. Furthermore, the Company utilizes storm protection mechanism, which prevents damages to the floaters during storms.

03.

Full insurability

The reduced CAPEX and high reliability associated with the Eco Wave Power system allowed EWP to receive insurance for its power stations. the Company’s installations in Gibraltar and Israel are insured by notable insurance companies.

04.

Environmentally friendly

The Eco Wave Power system is 100% environmentally friendly as it does not connect to the ocean floor and does not create a new presence on the ocean floor.