Eco Wave Power Advances Wave Energy Project in Portugal
Eco Wave Power Advances Wave Energy Project in Portugal

Eco Wave Power Advances Wave Energy Project in Portugal

News summary

Eco Wave Power Global AB has partnered with MOQ Engineering to finalize the design and load calculations for its wave energy project in Porto, Portugal, aiming for a launch in 2026. This project, under a 20 MW Concession Agreement with the local port authority, will showcase Eco Wave Power's innovative technology alongside an underwater wave energy museum. The collaboration represents a significant stride towards meeting Portugal's renewable energy target of generating 85% of its electricity from renewable sources by 2030. Once MOQ completes its work, Eco Wave Power will submit a full execution project to the port authority, transitioning to the production phase. Additionally, Eco Wave Power is expanding its initiatives globally, including projects in Taiwan and Los Angeles. The company is recognized for its pioneering contributions to the onshore wave energy sector.

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