Consortium including eco wave power, toshiba, hitachi energy, and uk universities secure £1.5 million grant to develop wave-powered microgrid for island in thailand

Innovate uk's energy catalyst program grant to fund the development of ewp onshore wave energy converters to supply power to remote island tel aviv, israel , feb. 8, 2024 /prnewswire/ -- eco wave power global (nasdaq: wave) ("eco wave power" or the "company" or "ewp"), a leading, publicly traded onshore wave energy company, is pleased to announce that  it has won a £1.5 million grant (the "grant") as part of a consortium led by toshiba (u.k.) and aquatera (u.k.) to design a pilot microgrid project for a remote island in thailand. the £1.5 million grant is part of innovate uk's energy catalyst program round 10, which supports u.k. and international businesses and organizations in developing market-focused technologies that provide clean, affordable and accessible energy.
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