Eco Wave Power to Build Wave Energy Project in Mexico
Eco Wave Power Mexico plans to start the construction of the first wave energy project in Mexico, to be located in Manzanillo Port.
This announcement follows the procurement of an interconnection approval from the National Energy Control Center in Mexico (CENACE). The interconnection approval received by Eco Wave Power Mexico is for an overall initial capacity of 25MW, and the company plans to execute it gradually, starting with a 4.1MW wave energy power plant.
The power plant will be located in the Cuyutlán/ Tepalcates Beach in Manzanillo, State of Colima, which, along with the Municipality of Manzanillo, are the potential off takers of the energy that will be generated.
The project led by Eco Wave Power Mexico is already in a very advanced phase. The company purchased 5000 square meters of land for it’s’ machinery and conducted all relevant studies, including an environmental study, wave study, bathymetry and soil mechanicals, the company noted.
Eco Wave Power Mexico also submitted the executive project to SCT and is pending for the last approval, which is the authorization of works by SCT (Ministry of communication and transportation) and Generation permit by the Energy Regulatory Commission.
In order to execute the above-mentioned steps, EWP Mexico raised the first $1 million for the project; and intends to raise additional $12 million within the next six months.
“We are very excited and looking forward to receive the remaining permits and start the construction of EWP’s first power plant in Mexico” said EWP co-founders David Leb and Inna Braverman.
CEO of Eco Wave Power Mexico, Ernesto Delarue said: “This is a great honor for Mexico to be among the first countries in the world and the first in the Americas to generate electricity from ocean waves.“