Published on November 19th, 2012 | by Joshua S Hill0
Eco Wave Power Signs MOU With Ocean University Of China
November 19th, 2012 by Joshua S Hill
In a decision that will see wave-prone regions of China start to develop wave technology, a senior delegation from the Ocean University of China recently arrived in Israel to sign a Memorandum of Understanding with Eco Wave Power that will see the wave power developer implement their technology across a wide-range of locations in China.
The agreement dictates that the Ocean University will secure full funding for Eco Wave Power’s first commercial-scale project, and will conduct the related research and development works.
“The cooperation between EWP and OUC was made possible thanks to the Road Show to China that was organized by MATIMOP — The Israeli Industry Center for R&D and the Office of the Chief Scientist at the Ministry of Trade and Labor,” said David Leb, the founder of Eco Wave Power.
Elaborating, Merav Tapiero, the Program Manager of the Israel-China Industrial R&D Cooperation Framework at MATIMOP, explained that “a delegation of Seven Israeli companies was chosen to participate in a clean energy Road Show to China, during mid September. Eco Wave Power, which specializes in wave energy generation, was one of the companies that took part in this activity.”
“The uniqueness of Eco Wave Power is in its innovative idea to develop and implement different floaters shapes for every location of implementation. Moreover, as opposed to offshore wave energy solutions, Eco Wave Power came up with an energy conversion system that is located outside of the water, thereby improving reliability.”
According to Eco Wave Power, “the EWP technology is especially suitable for implementation in China as it has 18,000 km of coastline, and at least 6000 islands.”
Source: Eco Wave Power via PR Newswire
Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.