Eco Wave Power announced on 7 October that it had signed an agreement for the sale of the first wave energy generation unit to I-Ke International Ocean Energy, a subsidiary of leading maritime engineering company Lian Tat Co, with the purpose of bringing Eco Wave Power’s wave energy technology to Taiwan in its first energy project in the country.
I-Ke’s plans for the first stage of the project include the development of a 20 MW wave energy power station in Taiwan, construction of which will begin with a 100 kW pilot and expand in stages to a total targeted installed commercial capacity of 400 MW.
CY Huang, the chairman of Lian Tat, commented: “Taiwan is an island country with a coastline of 1566 km, with high potential for the installation of marine energy. The construction of Eco Wave Power’s project is relatively easy, and I believe that it will be a significant stepping-stone for the development of green electricity in Taiwan…We have already completed the site selection process and once the 100 kW demonstration site is built, with positive results, our target is to expand it to 20 MW, and we will continue to push up to more than 400 MW of wave energy installed capacity.”
