Eco Wave Power signed a land lease agreement for a wave energy project at Taiwan's Suao Port on March 24, targeting October 2026 for regulatory approvals as part of its broader Asia-Pacific expansion strategy in renewable energy infrastructure.
On March 24, 2026, Eco Wave Power advanced its Asia-Pacific regional expansion by executing a land lease agreement for a wave energy generation project at Suao Port in Taiwan. Under the lease terms, the company was required to submit applications for land use rights transfer to Taiwan International Ports Corporation by March 22, 2026, with all necessary port work permits expected to be obtained by October 2026. This project represents a strategic milestone in the company's objective to demonstrate the viability of locally manufactured wave energy systems in international markets and to integrate renewable energy generation directly into existing port infrastructure.
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