NewEnergyNews: ISRAELI WAVE ENERGY GOES TO SCHOOL IN CHINA

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    Friday, December 14, 2012

    ISRAELI WAVE ENERGY GOES TO SCHOOL IN CHINA

    New Focus for Wave Energy: Eco Wave Power Signed MOU with Ocean University of China

    November 14, 2012 (PR Newswire)

    “…Ocean University of China of China arrived…[signed an] MOU with Eco Wave Power [EWP]… meant to lead to the implementation of Eco Wave Power's unique technology across a wide-range of wave-prone regions in China…The Ocean University will secure full funding for EWP's first commercial scale project, and conduct the related R&D works, with its state of the art facilities…

    “The Ocean University of China is under the direct administration of the State Ministry of Education and was defined by the Central Government as one of the 13 national key comprehensive universities in China. During the 10th ‘Five Year Plan’, OUC was ranked first among the marine-related institutions in terms of number of projects undertaken…Moreover, OUC has been awarded a prize in natural science, two prizes for science progress, and 54 prizes at provincial and ministerial levels.”

    “Eco Wave Power is the first and only wave energy company to ever win the Frost & Sullivan Product Award for developing and implementing an all-round solution for reliable and cost-efficient energy harvesting from waves. During the year of 2012, EWP presented significant progress by constructing its small scale power plant (checked and approved by the Hydro Mechanic Institute in Kiev), As well as a Medium-Scale Power plant which is implemented in the Black Sea, producing 10KW.

    “EWP has advanced technical capabilities, and a strong financial backing…The EWP technology is especially suitable for implementation in China as it has 18,000 km of coastline, and at least 6000 islands. In addition, according to the CEC (China's Electricity Council) the country will face power supply shortages this year due to a shortage of coal. The CEC estimates that the power shortages will reach 40 million kilowatts in 2012, compared with only 30 million kilowatts shortage in 2011…”

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