Eco Wave Power Advances 1MW Wave Energy Project in Porto, Portugal with Grid Connection Milestone

Reuters
28 May
Eco Wave Power Advances 1MW Wave Energy Project in Porto, Portugal with Grid Connection Milestone

Eco Wave Power Global AB (publ), a leading onshore wave energy technology company, has announced significant progress in its innovative 1MW wave energy power station project in Porto, Portugal. This project marks the company's first megawatt-scale deployment in Europe and the initial phase of a 20MW concession agreement with APDL. In a major milestone, Eco Wave Power has paid the first installment, representing 50% of the grid connection fee, underscoring its commitment to integrating wave energy into the local grid. The project, situated at "The Gallery" beneath the breakwater, is poised to become the world's first underwater wave energy museum and education center. Infrastructure enhancements are underway, with key appointments and partnerships, such as Power Station Manager Juan José Gómez and MOQ Engineering, ensuring a cutting-edge and safe energy solution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eco Wave Power Global AB (publ) published the original content used to generate this news brief via Newsfile (Ref. ID: 253645) on May 28, 2025, and is solely responsible for the information contained therein.

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