European Union
The European Union is a distinctive economic and political union comprising 28 member countries, which collectively span a significant portion of Europe. The EU aims to promote economic cooperation, ensure peace and stability, and facilitate the movement of goods, services, and people among its members. It serves as a framework for policy-making and governance, addressing various issues such as trade, environmental protection, and human rights. The official website, Europa.eu, provides essential information and services related to the EU, helping individuals navigate the complex landscape of European governance and initiatives. Through its collaborative structure, the European Union seeks to enhance the welfare of its citizens and foster a unified approach to regional challenges.
Past deals in Gibraltar
Eco Wave Power
Grant in 2015
Eco Wave Power is a Sweden-based company specializing in wave energy technology. It is the sole inventor, owner, and developer of the EWP wave energy converters, which are designed to convert ocean and sea waves into clean electricity. The company's innovative technology utilizes point absorber floating devices, known as floaters, that can be installed on existing marine structures like piers and breakwaters or in locations where such structures are needed. Eco Wave Power's approach is aimed at providing a smart and cost-efficient solution for energy harvesting from waves. The company has been recognized for its advancements in the field, having received the Frost & Sullivan Product Innovation Award, marking a significant achievement in the wave energy sector. With projects in places such as Gibraltar and Israel, Eco Wave Power is positioned to become a leader in renewable energy generation through wave power.
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