{"id":410230,"date":"2021-01-07T07:35:38","date_gmt":"2021-01-07T12:35:38","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410230"},"modified":"2021-01-07T07:35:38","modified_gmt":"2021-01-07T12:35:38","slug":"eco-wave-power-commences-grid-connection-works-for-the-ewp-edf-one-project-in-the-port-of-jaffa-israel","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eco-wave-power-commences-grid-connection-works-for-the-ewp-edf-one-project-in-the-port-of-jaffa-israel\/","title":{"rendered":"Eco Wave Power Commences Grid Connection Works for the EWP-EDF One Project in the Port of Jaffa, Israel"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n STOCKHOLM<\/span>, Jan. 7, 2021<\/span> \/PRNewswire\/ —\u00a0\u00a0Pursuant to the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-4345)\u00a0for the\u00a0deployment of\u00a0the grid connection works of the EWP-EDF One wave energy project, today, \u00a0Eco Wave Power (EWPG Holding AB, Stock Symbol: ECOWVE) is pleased to\u00a0announce\u00a0that it officially commenced the grid connection works in the Port of Jaffa, Israel<\/span>. <\/i><\/p>\n

The grid connection works are performed in two parts, as they include different routes within the port. The first part is performed by the infrastructure subcontractor YEHIMOVITZ SUISSA LTD, in the shipyard area of the Port of Jaffa, and will be completed by the end of January. Once these works are finalized the company will move forward to the second part of the grid connection route, which will be span across the warehouse area of the port. The works consist of removing the upper layer of asphalt in the dedicated grid connection route and preparing the tunnels necessary for the electric cables. <\/p>\n

\u00a0“We are entering 2021 in full force, ready to push hard for the opening of our second grid connected project, while developing additional projects in our projects pipeline.” said\u00a0Inna Braverman, CEO of Eco Wave Power.<\/p>\n

The\u00a0Eco Wave Power\u00a0cable system will span approximately\u00a0170 meters\u00a0of\u00a0underground cables.\u00a0Due to the onshore nature of the Eco Wave Power technology, the grid connection works will be straightforward and will not involve any cable laying on the seabed, which are known to be extremely expensive and complex. In addition, the cable length will be significantly shorter and more cost-efficient than cables used for offshore energy projects.This highlights the significant advantages of the EWP onshore technology, in comparison with offshore solutions.The EWP-EDF one project is\u00a0executed in collaboration with EDF Renewables IL and co-funding from the Israeli Energy Ministry.
\u00a0<\/p>\n

\n About EWPG Holding AB (SE0012569663)<\/b>\n <\/p>\n

EWPG Holding AB (publ) (“Eco Wave Power”) is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power’s mission is to assist in the fight against climate change by enabling commercial power production from sea and ocean waves.<\/p>\n

EWP is recognized as a “Pioneering Technology” by the Israel’s<\/span> Ministry of Energy and was labelled as an “Efficient Solution” by the Solar Impulse Foundation. Eco Wave Power’s project in Gibraltar<\/span> has received funding from the European Union Regional Development Fund and from the European Commission’s HORIZON2020 framework program. The company is also\u00a0 recognized by the United Nations in receiving the “Climate Action Award”.<\/p>\n

The Eco Wave Power share (ECOWVE) is traded on Nasdaq First North Growth Market.<\/p>\n

FNCA is the company’s Certified Advisor (+46 8-528 00\u00a0399,\u00a0info@fnca.se<\/a>).<\/p>\n

Read more about Eco Wave Power at:\u00a0www.ecowavepower.com<\/a><\/u><\/p>\n

\n For more information, please contact:<\/b>\n <\/p>\n

\n Inna Braverman<\/span>, CEO
inna@ecowavepower.com<\/a>
+97235094017<\/p>\n

\n Aharon Yehuda<\/span>, CFO
Aharon@ecowavepower.com<\/a><\/p>\n

\u00a0<\/p>\n

This information was brought to you by Cision http:\/\/news.cision.com<\/a><\/p>\n

\n https:\/\/news.cision.com\/ewpg-holding-ab–publ-\/r\/eco-wave-power-commences-grid-connection-works-for-the-ewp-edf-one-project-in-the-port-of-jaffa–isr,c3264923<\/a>\n <\/p>\n

The following files are available for download:<\/p>\n

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\n https:\/\/mb.cision.com\/Main\/18497\/3264923\/1356817.pdf<\/a>
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\n Release<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n https:\/\/news.cision.com\/ewpg-holding-ab–publ-\/i\/82670628-af41-4f13-b2d4-31ef997a9879,c2865426<\/a>
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\n 82670628-af41-4f13-b2d4-31ef997a9879<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n https:\/\/news.cision.com\/ewpg-holding-ab–publ-\/i\/video-image,c2865427<\/a>
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\n Video image<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/eco-wave-power-commences-grid-connection-works-for-the-ewp-edf-one-project-in-the-port-of-jaffa-israel-301202751.html<\/a><\/p>\n

SOURCE EWPG Holding AB<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire STOCKHOLM, Jan. 7, 2021 \/PRNewswire\/ —\u00a0\u00a0Pursuant to the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-4345)\u00a0for the\u00a0deployment of\u00a0the grid connection works of the EWP-EDF One wave energy project, today, \u00a0Eco Wave Power (EWPG Holding AB, Stock Symbol: ECOWVE) is pleased to\u00a0announce\u00a0that it officially commenced the grid connection works in the Port of Jaffa, Israel. The grid connection works are performed in two parts, as they include different routes within the port. The first part is performed by the infrastructure subcontractor YEHIMOVITZ SUISSA LTD, in the shipyard area of the Port of Jaffa, and will be completed by the end of January. Once these works are finalized the company will move forward to the second … <\/p>\n

Continue reading “Eco Wave Power Commences Grid Connection Works for the EWP-EDF One Project in the Port of Jaffa, Israel”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410230","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEco Wave Power Commences Grid Connection Works for the EWP-EDF One Project in the Port of Jaffa, Israel - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eco-wave-power-commences-grid-connection-works-for-the-ewp-edf-one-project-in-the-port-of-jaffa-israel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eco Wave Power Commences Grid Connection Works for the EWP-EDF One Project in the Port of Jaffa, Israel - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire STOCKHOLM, Jan. 7, 2021 \/PRNewswire\/ —\u00a0\u00a0Pursuant to the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-4345)\u00a0for the\u00a0deployment of\u00a0the grid connection works of the EWP-EDF One wave energy project, today, \u00a0Eco Wave Power (EWPG Holding AB, Stock Symbol: ECOWVE) is pleased to\u00a0announce\u00a0that it officially commenced the grid connection works in the Port of Jaffa, Israel. 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