Eco Wave Power has entered into an agreement with Turkish energy company OREN Ordu Enerji to build a wave energy installation of up to 77MW in Ordu, Turkey.
The estimated $150 million power station would be Turkey’s first grid-connected wave energy station, and according to Eco Wave Power, upon completion would be the world’s largest wave energy power station.
The agreement will see Ordu Enerji assign nine suitable breakwaters to Eco Wave Power for a period of 25 years, while Eco Wave Power will build and commission the power plant and sell the electricity to be generated according to an approved production quota.
The 77MW power station is planned to be constructed in several stages, starting with an up to 4MW pilot station.
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Inna Braverman, founder and CEO of Eco Wave Power said in a statement: “…this relationship will allow us to provide clean electricity from Turkish waves, for the very first time. With ambitious sustainability goals and regional proximity to our headquarters, Turkey is an interesting location to further implement and develop our innovative wave energy technology.”
Since 2019, Ordu Enerji, a subsidiary of Ordu Metropolitan Municipality, has increased its focus on developing and deploying renewable energy technologies.
Mustafa Kemal Macit, president and CEO of Ordu Enerji commented: “With the goal to build a self-sufficient grid, Ordu sees Eco Wave Power as an important asset to fully realizing our potential for 100% clean energy. The entire municipality of Ordu is excited to fully realize the sea’s potential and use its unlimited source of energy to power our electrical grid. This project demonstrates that Ordu Enerji is committed to investing in innovative clean energy technologies.”
Mustafa Kemal Macit, president and CEO of Ordu Enerji and Sefa Okutucu, Head of Environmental Protection and Control Department of Ordu Municipality, visited Eco Wave Power’s newest grid-connected power station in the Port of Jaffa in Israel. This visit was followed by an official signing ceremony held at Eco Wave Power’s offices in Tel Aviv.
