Eco Wave Power’s wave project wins Innovation Award in Spain

Business Developments & Projects

December 13, 2022, by Edin Neimarlija

Eco Wave Power’s planned wave project at Port Adriano has won the Timón de Innovación Award (the Innovation Award) granted by the Port Authority of the Balearic Islands (APB) in collaboration with Gaceta Náutica, a publication focused on ports in the Balearic Islands.

The annual award rewards the best technological breakthroughs and ideas at APB’s ports over the course of the year, using originality, viability, and problem-solving capabilities as its main criteria.

The jury of the Innovation Award was comprised by the director of Quality, Environment, Innovation and Corporate Social Responsibility of the APB, Jorge Martín; the Professor of Computer Architecture and Technology and head of the Systems, Robotics and Vision research group at the University of the Balearic Islands (UIB), Gabriel Oliver; the coordinator of the Master of Nautical Industry of the UIB, Juan Poyatos; and the director of Gaceta Náutica, Elena Pipó.

Eco Wave Power pointed out that the award was granted in continuity to the Concession Agreement that had been signed in April 2022 between Eco Wave Power and Port Adriano for the construction of a wave energy power project of up to 2 MW in the Port’s premises.

Inna Braverman, Eco Wave Power Founder and CEO, said: “We are proud to win this Innovation Award – and are looking forward to working closely with Adriano Port for the implementation of our pioneering technology in Spain.”

Located on the island of Mallorca, the wave energy plant is planned to be constructed and commissioned in two stages, with the first involving the construction of up to 1MW, while the second stage is expected to see the buildout of the remaining capacity of the plant.

Isabel Teruel, Director of Operations of Port Adriano, stressed that the Eco Wave Power project is expected to produce clean energy in much higher capacities than solar panels and has assured that the Swedish-Israeli company’s pilot paves the way for the application of its wave energy technology in other port facilities.

In May 2021, Spain enacted its first climate law, committing the country to an electricity system where 74 percent of the country’s energy is generated by renewable energy sources by 2030, scaling to 100 percent by 2050. With approximately 8,000 kilometers (4,970 miles) of coastline, Spain can turn to wave energy to help reach those goals.