Wave energy developer Eco Wave Power’s EWP-EDF One wave energy project at Jaffa Port in Israel operated without interruption during storm-classified conditions in the last week of December 2024, delivering constant energy despite challenging weather.
With wave heights averaging 1,6 meters and peak power output reaching 26 kW, the system proved capable of providing round-the-clock reliable energy, Eco Wave Power noted.
According to the company, the project demonstrated durability, enduring stormy conditions without sustaining any damage.
“We are extremely proud of the performance of our EWP-EDF One project at Jaffa Port, which demonstrated its ability to produce energy 24/7 even during stormy conditions,” said Inna Braverman , CEO and Founder of Eco Wave Power.
“This is a testament to the durability and reliability of our technology. We look forward to continuing our momentum with our projects in Taiwan, Portugal, and the Port of Los Angeles, as we work to accelerate the global transition to clean, renewable energy.”
Eco Wave Power said that its technology, which harnesses wave motion to generate electricity, maintained stable output under adverse weather conditions. The system’s performance in rough seas is said to differentiate it from other renewable energy sources, which often suffer from intermittency issues.
The system’s reliability during non-ideal conditions bolsters the case for wave energy as a viable solution for sustainable power generation, the company noted.
Eco Wave Power is also progressing with its global expansion efforts. The company said that it is preparing for the deployment of the wave energy system at AltaSea in the Port of Los Angeles in partnership with Shell , having secured a federal license from the U.S. Army Corps of Engineers. This project is slated to commence operations by the end of Q1 2025.
Concurrently, the company is advancing projects in Taiwan with I-KE, and in Portugal , where it plans to establish wave energy installations.
In December 2024, Eco Wave Power and EDF Renewables unveiled what is said to be the Middle East’s first grid-connected wave energy power station at Jaffa Port . The installation is exporting clean electricity to the national grid under a power purchase agreement (PPA) with the Israeli National Electric Company (IEC).
A bit later in December, the wave energy developer entered into a securities purchase agreement with a single institutional investor to deploy commercial-scale wave energy technology. The offering involves the sale of 300,000 American Depositary Shares (ADSs), each representing eight common shares, at $10 per ADS.