Eco Wave Power Global has entered into an agreement with OREN Ordu Enerji, a subsidiary of Ordu Municipality, for the construction of an up to 77-megawatt (MW) wave energy installation in Ordu, Turkey.
The estimated $150 million power station would be Turkey’s first grid-connected wave energy station, and would be the world’s largest wave energy power station.
Ordu Enerji will assign 9 breakwaters to Eco Wave Power for 25 years from activation of the relevant pilot or power station, while Eco Wave Power will be responsible for constructing, and commissioning the power plant and selling the electricity.
The 77 MW power station is planned to be constructed in several stages, starting with an up to 4 MW pilot station. Ordu Enerji has a right of first refusal to invest partially in different stages of the project.
Mustafa Kemal Macit, President and CEO of Ordu Enerji and Sefa Okutucu, Head of Environmental Protection and Control Department of Ordu Municipality, visited Eco Wave Power’s newest grid-connected power station in the Port of Jaffa in Israel.
From left to right: Sefa Okutucu, Head of Environmental Protection and Control Department of Ordu Municipality, Ayse Mehlika Yıldız Ersen, Third Secretary of the Turkish Embassy in Israel, Mustafa Kemal Macit, President and CEO of OREN Ordu Enerji, and Inna Braverman, Founder and CEO of Eco Wave Power.