tiprankstipranks
Eco Wave Power visits Greece to analyze potential 2MW wave energy power station
The Fly

Eco Wave Power visits Greece to analyze potential 2MW wave energy power station

Inna Braverman, CEO of Eco Wave Power Global traveled to Greece for an official site visit of the Heraklion breakwater in Crete, which is currently being analyzed for a potential 2MW wave energy power station. During the visit, the representatives from Eco Wave Power and Rogan Associates S.A. inspected the breakwater at the Port of Heraklion, from both the shore and the seaside, and held meetings with the managing director at Heraklion Port Authority A.E., Minas Papadakis, and other port representatives, to provide updates regarding the milestones achieved so far in the planning of the project. The next steps of the project will be to conduct further studies and analyses of the site, with Rogan Associates S.A. focusing on the civil engineering and pricing for a 2 MW installation, and Eco Wave Power working on the detailed project design. In April Eco Wave Power entered into an agreement with Rogan Associates to bring Eco Wave Power’s technology design to Greece for the first time. According to the collaboration agreement, Rogan Associates is reinforcing the existing breakwater and planning the potential extension of the breakwater. In addition to the completion of the wave energy production analysis, Eco Wave Power will custom-design its wave energy technology to retrofit the existing breakwater at the Port. This work conducted by the parties is funded as part of a grant received by Rogan Associates and Heraklion Port Authority from the European Union Climate, Infrastructure, and Environment Executive Agency.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on WAVE:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles