Eco Wave Power Enters Concession Agreement with APDL to Enable the Construction of an up to 20MW Wave Energy Power Station in Portugal
Today, onshore marine energy developer, Eco Wave Power (EWPG Holding AB) entered an official Concession Agreement with APDL (A Administração dos Portos do Douro, Leixões e Viana do Castelo) regarding the usage of an area potentially suitable for the construction, operation and maintainance of a wave energy power plant of up to 20MW in four locations owned and operated by APDL
Above is a project illustration.
According to the agreement entered between the parties, APDL will provide EWP with the concession for its’ breakwaters for a period of 25 to 30 years, while Eco Wave Power