Wedoany.com Report-Oct 12，Eco Wave Power Global AB, a leading, publicly traded onshore wave energy technology company, has announced that following the signing of the agreement for the sale of the first wave energy generation unit to I-Ke International Ocean Energy Co. (I-Ke), a subsidiary of Lian Tat Company, a leading maritime engineering company, the CEO of Eco Wave Power, Inna Braverman, arrived for an official site visit to the planned installation site for Eco Wave Power's technology on the east coast of Taiwan.

Braverman was accompanied by representatives from I-Ke, among which Sung Chang Hung, Director of Business Development, Wang Chu Cheng, Site Manager and Mechanical Engineer, and Lee Yu Ting, Project Manager, who presented their installation plans and timeline.

During the site visit, Braverman also met with the representatives of the Port where the project is set to be installed.

I-Ke will be providing the full financing for the 100 kW pilot project by buying a turnkey conversion unit from Eco Wave Power. This means that Eco Wave Power will sell to I-Ke the conversion unit for the 100 kW wave energy power station, which shall include all the hydraulic and electric conversion parts, coupled with the smart control and automation system, while I-Ke will locally produce the floaters, hydraulic cylinders, and all other components of the technology which are located on the seaside of the marine structure.

I-Ke believes that this will position Taiwan as the hub for later stage expansion into other Asia-Pacific regions.

According to a press statement made by I-Ke, the first stage of the project will be the development of a 20 MW wave energy power station in Taiwan, that will begin with a 100-kW pilot and expand in stages to a total targeted installed commercial capacity of 400 MW.