Eco Wave Power
ABOUT ECO WAVE POWER
Eco Wave Power- Addressing the global demand for RENEWABLE, RELIABLE and AFFORDABLE energy
- Established in 2011 and headquartered in Israel, EWP has developed proprietary technology for extracting energy from sea waves.
- EWP completed its wave tank and field testing in the Black Sea, and currently has an installed R&D power plant in Jaffa Port, and a 100kW grid-connected power station in Gibraltar, to be followed by a 5MW grid-connected power station.
- Highly competitive & cost effective green solution – EWP’s construction costs , as well as production costs per kWh, were found to be the most competitive in the wave energy market and are also competitive compared to wind and solar.
- Excellence Awards Winning – Granted the “Frost & Sullivan Product Award” , “Business Green Leaders Award” the “IAIR Sustainability Award”, “Energy Globe Award” for “Best project in Israel“ by Unesco, the Mixiii Innovation Award by the Chief Scientist of Economy, Erasmus University Award and recognition as “pioneering technology” by Dr. Halaf, Chief Scientist of the Ministry of Energy, Government of Israel. EWP’s project in Gibraltar also received funding from the European Union.
- Global Spread- EWP has subsidiaries in China, Mexico and Gibraltar, with additional subsidiaries in advanced negotiation phases.
- Projects pipeline in capacity of 130 MW
ABOUT INNA BRAVERMAN
Inna Braverman founded Eco Wave Power in 2011, at the age of 24, and was recently chosen as one of the 100 most influential individuals in the world by medium.com (along with Mark Zuckerberg, Elon Musk and others). With her leadership, Eco Wave Power installed the first commercial-scale wave energy array in Gibraltar, where Eco Wave Power is selling electricity to Gibraltar’s Electric Authority through a commercial scale Power Purchase Agreement. She is also responsible for securing 130MW of projects pipe-line for the company. Recently, Inna’s personal journey was documented in a virtual reality film by Google, under the name “female planet”, which will be published at the end of this month. She holds a BA in Political Science and English Language and Literature from Haifa University, and is one of the only women sitting on the TC114 Committee for Marine Energy in IEC, which sets international standards for all electric technologies. She was also selected by Smithsonian Magazine as one of eight young innovators with ingenious ideas for the future of energy and featured in the January 2017 issue of WIRED Magazine for her accomplishments and contributions in the wave technology field.
CAMELTARY (Camel Commentary)
Riding the Startup Wave.
Eco Wave Power brings the metaphor of riding the startup wave to a reality. Its co-founder, Inna Braverman, decided to tap into the world’s greatest resource to help fuel cities with energy converted from the power of the ocean.
“It makes sense: business sense, environmental sense, all sense! The ocean is free of charge!”
The company was founded in 2011 when Braverman was only 24. Today, the company has 20 employees and is always looking to grow the team. In fact, they are planning to go public this year.
Born in 1986 in Ukraine, Inna Braverman was right in the centre of Chernobyl. Despite being born before the attack, she was one of the babies who suffered from the side-effects. Miraculously, her mother performed mouth-to-mouth resuscitation and saved her life. She became, in her own words, a Lemonade kid. “When I used to win a lot of marbles I would sell them to the other kids!”
Today, Eco Wave Power has set up shop in Gibraltar, and provides 15% of all of its energy. Other locations include the Jaffa Port in Israel, Chile, India, China, and Mexico. An extraordinary feat for someone who was close to never getting past infancy.
“We can double the amount of energy we produce if we move to water,” she says. It’s a wonder more of the world isn’t committed to the low-cost and infinite resource of power produced by the Earth’s rotation.
“Israelis believe they ‘can’; it’s what makes us special. We are very confident and good at living in the moment,” she explains. It is perhaps unsurprising that Braverman describes her experience as void of ‘Dark Hours’. “I’m not a negative person,” she admits.
In Israel, 10% of entrepreneurs are women. According to a report this year, there has never been a female entrepreneur to receive a Series B funding round (this was debunked by Braverman herself, who received $11 million, bringing her company up to a $46 million valuation). Still, it is imperative society offers more chances to those who can provide meaningful change to the world.
“If it’s your passion and you believe in it, then go for it!”
James Spiro