|Eco Wave Power to establish first plant in China|
Tel Aviv-based Eco Wave Power, which works to harness energy from ocean waves, has received approval to establish its first plant in China. Eco Wave’s subsidiary, Suzhou Eco Wave Technology, will operate in the city of Changshu, in the jurisdiction of Suzhou, in Jiangsu province.
Construction of the 100kilowatt, grid-connected power plant on Zoushan Island in eastern Zhejiang province is expected to be complete by the end of 2015, the company said.
Establishment of the subsidiary is the result of an initial US$800,000 investment, with 80% of the money coming from a Chinese governmental fund and 20% from Eco Wave Power. This investment was announced at an initial signing ceremony in Beijing in May 2013, in the presence of Israel Prime Minister Benjamin Netanyahu.
In addition to the first pilot power plant on Zoushan Island, Suzhou Eco Wave Technology is in advanced negotiations regarding an additional 50 MW plant in Zhejiang province.
Operating onand nearshore, Eco Wave’s technology employs “floaters” called “The Wave Clapper” and “Power Wing” that are able to survive during hostile storm environments, the company said.
The floaters, or buoys, “rise and fall with the up-and-down wave motion, lifting force, change of water level, hydraulic air lock and incident flux of waves,” the firm said. An automated control system is able to supervise the rise and submersion process of the floaters in case of stormy conditions.Please login or register to see the full article