Wave energy developer Eco Wave Power has announced a strategic collaboration with Painhas for the technical support for the licensing of its’ Portugal project.
Painhas, which was founded in 1980, has more than 40 years of experience in providing engineering and construction, operation and maintenance services for the energy sector in Portugal and other countries (including Production, Distribution and Power Transmission sectors)
The company will take an integral part in the technical support needed for the official licensing procedures for the Eco Wave Power planned 20 MW wave energy project in Portugal, as part of the company’s newly signed Concession Agreement with the Port Authority of Leixões, APDL.
Once licensing is obtained, the parties will work towards a continued collaboration for the execution of the project.
“The Company has a mission of taking an active part in the implementation of innovative renewable energy sources in Portugal” said Helena Painhas, member of the board. “In the past, we have provided our engineering and construction services to the wind, solar and hydro industries, and we believe that now it is the right time to expand to the promising wave energy sector, through our collaboration with Eco Wave Power”