Eco Wave Power Global AB (publ) was pleased to host Terry Tamminen, President and CEO of AltaSea at the Port Los Angeles, at the Company's new EWP-EDF One wave energy power station at Jaffa Port, Israel, on Wednesday, September 7. This visit comes just weeks before the expected arrival of Eco Wave Power's first U.S. power station, to be located at AltaSea.
The AltaSea pilot station will be the first U.S. location for Eco Wave Power's technology, which is already deployed in Israel. The Company plans further deployments in Spain, Portugal and other locations, completing the Company's 327.7 MW current project pipeline.
Eco Wave Power entered a collaboration agreement with AltaSea earlier this year and announced plans to install a first of its kind wave energy pilot in AltaSea's 35-acre campus located at the Port of Los Angeles, the nation's busiest seaport.
This pilot station is part of Eco Wave Power's increased focus on bringing its pioneering wave energy technology to the United States and expanding their worldwide presence.
"It was great to visit Eco Wave Power's pioneering wave energy power station at the Port of Jaffa and witness firsthand the generation of clean electricity through waves in action," said Terry Tamminen, President and CEO of AltaSea, who previously served as Secretary of California's Environmental Protection Agency. "I am excited to have the pilot station on AltaSea's campus in the coming weeks. Eco Wave Power's technology will create a new way of generating renewable energy to help both California and the United States reach their goals to decrease our carbon footprint and use more innovative clean energy sources. Blue economy is the future."
"It was our absolute pleasure to host Terry Tamminen at our EWP-EDF One wave energy power station at the Port of Jaffa, enabling him to see the innovative nature of our technology, which will soon be implemented on the AltaSea campus at the Port of Los Angeles," said Eco Wave Power Founder and CEO Inna Braverman.
Braverman is currently in Los Angeles to speak at Vox Media's prestigious Code Conference alongside entrepreneur Mark Cuban, Amazon CEO Andy Jassy, Apple CEO Tim Cook, and California Governor Gavin Newsom.
The Code Conference comes in the midst of a historic heat wave in Los Angeles, in which temperatures have risen to record highs, causing widespread energy Flex Alerts and warnings about potential wildfires. The heat wave has caused the power grid to struggle to keep up with the surging demand with threats of widespread rolling outages.
We believe this extreme weather pattern clearly emphasizes the need for the incorporation of innovative renewable energy sources, such as wave energy, to California's national grid.
According to the U.S. Energy Information Administration, wave energy off the nation's coasts can generate the equivalent of about 66 percent of all the electricity generated across the U.S. in 2020, which can potentially help significantly alleviate stress on California's grid, and prevent climate change related phenomena, such as heat waves and fires.
"We are excited that our power station will soon arrive at AltaSea at the Port of Los Angeles, which we believe will significantly reinforce our presence and commercialization plan in the Unites States, while diversifying California's renewable energy resources, creating local workplaces and assisting California towards its ambitious zero carbon emissions plans," added Braverman.