New Focus for Wave Energy: Eco Wave Power Signed MOU with Ocean University of China

New Focus for Wave Energy: Eco Wave Power Signed MOU with Ocean University of China PR Newswire TEL AVIV, Israel, November 14, 2012 TEL AVIV, Israel, November 14, 2012 /PRNewswire/ -- A senior delegation from the Governmentally-owned Ocean University of China arrived in Israel and signed MOU with Eco Wave Power. The MOU between EWP and OUC is meant to lead to the implementation of Eco Wave Power's unique technology across a wide-range of wave-prone regions in China. Eco Wave Power's unique technology According to the terms of the agreement, The Ocean University will secure full funding for EWP's first commercial scale project, and conduct the related R&D works, with its state of the art facilities. This is a great Opportunity for EWP and OUC, as both organizations are known to be leaders in their field of expertise. The Ocean University of China is under the direct administration of the State Ministry of Education and was defined by ththe Central Government as one of the 13 national key comprehensive universities in China. During the 10 "Five Year Plan", OUC was ranked first among the marine-related institutions in terms of number of projects undertaken including the national project 973 and 863 with funds granted by the National Natural Science Foundation of China. Moreover, OUC has been awarded a prize in natural science, two prizes for science progress, and 54 prizes at provincial and ministerial levels.