Eco Wave Power is an established Israeli "green tech" company that produces renewable and sustainable energy via its proprietary "wave clapper" technology.
The company was recently awarded the prestigious Frost and Sullivan
Award for New Product Innovation in conjunction with the development
and implementation of an an all-round solution for effective energy
harvesting from waves.
Eco Wave Power was founded by tech guru and serial entrepreneur David
Leb with a focus on rapid return in investment (ROI) due to highly
efficient construction and production prices along with high tariffs for
every kWh of wave energy.
Eco Wave Power's energy production system is highly competitive with
other, competing renewable energy sources such assolar, wind, hydro as
well as conventional modes of energy generation, like oil, natural gas
While a typical solar panel takes 10-15 years to provide
positive ROI, Eco Wave Power's equipment provides positive ROI within a
much shorter time frame, typically within 3-5 years while at the same
time insuring equipment longevity exceeding 30 years.
Wave energy comes with its share of limitations that need to be
properly addressed by the agents harvesting the energy. For instance,
making the solution cost-effective, maintaining the floaters, finding
the correct placement to leverage wave height without exposing the
devices to rough weather, among others.
Read more via press release on wave power generation!