A Swedish onshore wave energy company, Eco Wave Power, has won the Smart Port Challenge Competition, which set out to find disruptive solutions to improve performance at Morocco’s ports.
The award granted to Eco Wave Power is 100,000 MAD (approximately $11,165), as well as an opportunity for Morocco to become an Eco Wave Power testing and implementation hub.
The competition was held by Morocco’s National Ports Agency and National Single Window for foreign trade, together with the Global Alliance for Trade Facilitation and Morocco’s port community.
The goal of the challenge was to find disruptive solutions that will facilitate transit at Morocco’s ports and improve port performance.
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After pitches by seven finalists, and time taken by the judges for deliberation, Eco Wave Power was determined as one of three winners.
Dr Mikael Lind from the Research Institute of Sweden (RISE) and one of the competition judges, commented: “I think that Eco Wave Power’s solution is very promising for responding to the needs of the port to establish itself as an energy hub and as a contributor to the green conversion of the maritime and the global transport chain.”
Inna Braverman, Founder and CEO of Eco Wave Power, said: “I am very grateful for such recognition by the Smart Port Challenge in Morocco. We are very interested in the Moroccan energy market, and hope that this will be the beginning of a long-term collaboration.”
The event took place virtually, and Eco Wave Power was represented by Matias Sigal from the Eco Wave Power Business Development Department.
Watch the competition pitches and award ceremony