Wave Energy Power Station
Search documents
Eco Wave Power Completes Feasibility Study for Wave Energy Project at Port of Ngqura, South Africa, with Encouraging Results
TMX Newsfile· 2026-02-17 13:30
Core Insights - Eco Wave Power Global AB has successfully completed a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa, indicating a technical potential to deploy approximately 8.3 MW of installed wave energy capacity [1][3][4]. Company Overview - Eco Wave Power is a pioneering onshore wave energy technology company that transforms ocean and sea wave power into clean, reliable, and cost-efficient electricity through patented technology [10]. - The company operates a grid-connected wave energy power station in Jaffa Port, Israel, and is advancing projects in the United States, Portugal, Taiwan, and India, with a robust project pipeline of 404.7 MW under development [12]. Feasibility Study Findings - The feasibility study, conducted in collaboration with Africa Great Future Development Ltd (AGFDL), assessed site conditions, wave resource availability, and preliminary system configuration, supporting the port's suitability for onshore wave energy implementation [3][4]. - The study results will be reviewed in detail by AGFDL, after which both parties will evaluate potential next steps, including project structuring and regulatory pathways [5][8]. Strategic Importance - The Port of Ngqura is strategically located in South Africa's Eastern Cape Province and is adjacent to the Coega Special Economic Zone, making it a strong candidate for the first onshore wave energy deployment in Africa [8]. - South Africa faces significant energy supply challenges, highlighting the need for clean, reliable, and locally generated power, with over 2,800 kilometers of coastline offering long-term potential for wave energy [6].