Marine Energy

Eco Wave Power wins EDF Pulse Award for wave energy technology

Eco Wave Power wins EDF Pulse Award for wave energy technology
(Credit: Eco Wave Power)

Eco Wave Power Global AB has been selected as winner of the 2024 EDF Pulse Awards in the category of “Developing a Profitable Decentralized Energy System.”

“The gold medal of the EDF Pulse Awards 2024 is awarded to Eco Wave Power in the category of developing a profitable, decentralized wave energy system, attached to existing infrastructure in ports. Other winners are Orus Energy in the category of making the costumer an actor in their decarbonization and Aerleum in the category of developing carbon capture, recovery and offsetting solutions,” said Julien Villeret, chief innovation officer of EDF.

“We are honored to win the prestigious EDF Pulse Award, by Électricité de France (EDF),” said Eco Wave Power’s Founder and Chief Executive Officer Inna Braverman. “I would like to dedicate this Award to EDF Renewables Israel and thank them for the productive collaboration in the implementation of the first grid-connected wave energy project in the history of Israel. We hope and aim to implement many more projects with the EDF Group. Thank you for your support!”

This significant recognition comes in parallel with the collaboration between Eco Wave Power and EDF Renewables IL (a subsidiary of EDF), which jointly own and operate a wave energy pilot project in Israel, the EWP-EDF One Project.

This project was co-funded by EDF Renewables IL (which owns 50% of the project) and by the Israeli Ministry of Energy, which recognized the Eco Wave Power technology as a pioneering technology.

In 2023, the power station was connected to the Israeli national electrical grid, marking the first time in the history of Israel that electricity produced by the power of the waves is being sent to the country’s national grid.

Eco Wave Power will soon commence the installation of its third and fourth wave energy projects, in the Port of Los Angeles and in Portugal. The Company also holds a total projects pipeline of 404.7 MW.

Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission’s Horizon 2020 framework program.