Eco Wave Power Global AB (publ) (“Eco Wave Power” or the “Company”) announced that it has entered into an agreement with OREN Ordu Enerji (“Ordu Energji”), a fully owned subsidiary of Ordu Municipality, for the potential construction of an up to 77-megawatt (MW) wave energy installation in Ordu, Turkey – the largest agreement in the Company’s history.
The estimated $150 million power station would be Turkey’s first grid-connected wave energy station, and upon completion, would be the world’s...