Eco Wave Power has joined the EU-funded ILIAD project focused on developing and launching an innovative digital twin of the ocean.
The Swedish company will be granted €178,500 from the €17 million that the ILIAD consortium secured by the European Union as part of the €1 billion European Green Deal.
The project will develop, operate, and demonstrate the ILIAD Digital Twin of the Ocean (DTO), integrating all existing EU Earth Observing, Modelling Digital Infrastructures and Facilities.
The consortium will combine high-resolution modeling with real-time sensing of ocean parameters, advanced algorithms for forecasting of spatio-temporal events, and pattern recognition. The DTO will consist of several real-time to near-real-time digital replicas of the ocean.
Eco Wave Power partnered on drafting the ILIAD proposal with Agora Partners, which initiated and organized the consortium and will manage the three-year project.
“Being part of such an ambitious project alongside leading European entities fits well with Eco Wave’s vision of providing smart and cost-efficient technology for turning waves into green electricity,” said Inna Braverman , Eco Wave Power CEO.
“Being part of the ILIAD ecosystem will provide essential information to Eco Wave Power, giving us a competitive advantage and contributing to the Green Deal growth strategy that will transform the EU into a modern, resource-efficient and competitive economy.”
Partners in the ILIAD project include WAVEC- Offshore Renewables, the Technion- Israel Institute of Technology, University of Haifa, University College Cork- National University of Ireland, The University of Edinburgh, Technical University of Varna, among many others.