Eco Wave Power has entered into a strategic collaboration with Painhas for the technical support for the licensing of its’ Portugal project.
Painhas will take an integral part in the technical support needed for the official licensing procedures for the Eco Wave Power planned 20MW wave energy project in Portugal, as part of the company’s newly signed Concession Agreement with the Port Authority of Leixões, APDL.
Once licensing is obtained, the parties will work towards a continued collaboration for the execution of the project.
“The company has a mission of taking an active part in the implementation of innovative renewable energy sources in Portugal. In the past, we have provided our engineering and construction services to the wind, solar and hydro industries, and we believe that now it is the right time to expand to the promising wave energy sector, through our collaboration with Eco Wave Power.”Helena Painhas, member of the board.
“We are very pleased to announce our strategic collaboration with Painhas, which is a top tier expert in the energy sector in Portugal. We believe that such collaboration will shorten our licensing procedures and enable us to reach the next step of our Portugal project.”Inna Braverman, founder and CEO of Eco Wave Power.