- Eco Wave Power and Lian Tat will launch Taiwan’s first onshore marine energy project, starting with a 100KW pilot on Taiwan’s east coast.
- I-Ke will finance the pilot, produce key components locally, and handle permits for the project.
- The partnership aims to expand the project to a 400 MW marine energy station, positioning Taiwan as a regional leader in renewable energy.
Eco Wave Power Global AB has partnered with I-Ke International Ocean Energy Co., a subsidiary of Lian Tat Company, to launch Taiwan’s first onshore marine energy installation. This partnership marks Eco Wave Power’s entry into the Asian market with a 100KW pilot project.
I-Ke will finance the pilot and purchase a turnkey marine energy conversion unit from Eco Wave Power. The unit will contain hydraulic and electrical components and an intelligent control system. I-Ke has identified the east coast of Taiwan as the project site and will handle permits, land consents, and all necessary licenses for installation.
I-Ke will also produce critical components like floaters and hydraulic cylinders locally. This local production will establish Taiwan as a hub for marine energy technology in the Asia-Pacific region. The agreement follows an MOU signed between Eco Wave Power and Lian Tat in June 2023.
The project’s first phase aims to build a 20 MW marine energy station, starting with the 100KW pilot. I-Ke plans gradual expansion, with a final goal of 400 MW. This expansion demonstrates the partners’ belief in the potential of onshore marine energy along Taiwan’s coastline.
At a press conference in Taipei on October 4, 2024, CY Huang, chairman of Lian Tat, discussed Taiwan’s 1,566-kilometre coastline and its potential as a marine energy leader. He emphasised that the project would diversify Taiwan’s renewable energy sources and contribute to green electricity development.
Inna Braverman, founder and CEO of Eco Wave Power, thanked Lian Tat for their warm reception and strong collaboration. She emphasized Taiwan’s technological expertise, which will play a key role in local production and job creation in the marine energy sector.
Under Huang’s leadership, Lian Tat has focused on renewable energy solutions since 2016. The company has committed to helping Taiwan meet its clean energy targets and address global decarbonisation efforts. This collaboration plays a central role in Lian Tat’s renewable energy strategy.
This partnership represents a significant step in adapting onshore marine energy technology in Asia. Eco Wave Power has already deployed its technology in countries like Gibraltar, Israel, Los Angeles, and Portugal. The Taiwanese project will tailor the technology to local conditions, ensuring efficient energy extraction.
Taiwan is poised to become a central regional marine energy market player. Both Eco Wave Power and Lian Tat aim to expand their influence and encourage other Asia-Pacific countries to adopt similar technologies.
Success in the pilot project could open doors for future opportunities in marine energy. The collaboration highlights Taiwan’s growing role in the global clean energy sector and reflects the region’s broader trend toward sustainable energy solutions.
As Taiwan focuses on renewable energy, this project will solidify its position as a leader in the marine energy sector. The initiative may inspire similar projects in other Asia-Pacific countries seeking to develop renewable energy resources.