Eco Wave Power Announces Performance Improvements and Significant Cost Reductions from Gibraltar Wave Energy Project
Stockholm, Sweden, September 24, 2020 --- Onshore wave energy developer Eco Wave Power (Stock Symbol: ECOWVE) today announces improvements in power output and significant cost reductions for the company’s grid-connected wave energy power plant in Gibraltar. Dr. Guang Li and Dr. Kamyar Mehran from the Queen Mary University of London As a result of an upgrade of the automation and control system, as well as experience gained in operations and maintenance, Eco Wave Power has managed to significantly increase uptime for the Gibraltar power plant. In 2018–2019, power