Eco Wave Power to participate in European Green Deal Project
Israel, Tel Aviv-Yafo: Eco Wave Power Partners in ILIAD Project, which was awarded $20.6 M (€17 M) by the EU.
Wave energy developer Eco Wave Power will participate in the ILIAD Consortium, which has been awarded €17 M by the European Union as part of the $1.22 B (€1 B) European Green Deal.
The ILIAD Project, which is comprised of 56 partners from 18 different countries in Europe, the Middle East and North Africa, will develop, operate and demonstrate the ILIAD Digital Twin of the Ocean (DTO).
The funding will be divided among the parties in accordance with each party’s contribution, and Eco Wave Power will be granted about $217,300 (€178,500), with the consortium agreement to be entered in nearly 3 months.
The ILIAD consortium, which has received funding through the EU Horizon 2020 Research and Innovation Programme, will combine high-resolution modelling with real-time sensing of ocean parameters, advanced algorithms for forecasting of spatio-temporal events and pattern recognition. The DTO will consist of several real-time to near-real-time digital replicas of the ocean.
ILIAD will assemble a broad and diverse user community of existing and new users, who will use the project’s innovative technological solutions to address their challenges. Furthermore, ILIAD will create a marketplace to distribute apps, plug-ins, interfaces, raw data, citizen science data, synthesized information and value-adding services in combination with the ILIAD DTO.
ILIAD partners include industrial companies, end users, academic institutions, research and technology developers and private firms.
Eco Wave Power partnered on drafting the ILIAD proposal with Agora Partners, which initiated and organized the consortium and will manage the three-year project.
Source: T&D World