Core Insights - Eco Wave Power Global AB has partnered with I-KE International Ocean Energy Co. to install a wave energy pilot station in Taiwan, marking a significant milestone in the country's renewable energy sector [1][4][5] - The project aligns with Taiwan's national energy transition policy and aims to establish Suao Port as a demonstration hub for innovative green energy [4][5] Company Overview - Eco Wave Power is a leading developer of onshore wave energy technology, recognized for its patented technology that converts ocean waves into clean electricity [12] - The company has a growing project pipeline of 404.7 MW, with upcoming projects planned in various locations including Taiwan [12][13] Project Details - The pilot project will utilize a 100 kW onshore wave energy conversion unit, with plans to expand capacity to 20 MW in the medium term and potentially up to 400 MW along Taiwan's coastline [4][16] - The designated testing area at Suao Port covers 6.75 hectares, divided into three zones, with I-KE awarded exclusive rights to Zone C [3][4] Strategic Importance - This tender award is the first of its kind in Taiwan, setting a precedent for future renewable energy projects and demonstrating the country's commitment to marine renewables [4][5] - The project is expected to validate the commercial viability of wave energy and enhance Taiwan's position in the renewable energy market [5][6]