Eco Wave Power and Lian Tat Company Sign MoU to Bring Wave Energy to Taiwan
Portfolio Pulse from Charles Gross
Eco Wave Power (NASDAQ:WAVE) has signed a Memorandum of Understanding with Lian Tat Company (LTC) to bring its wave energy technology to Taiwan. The companies will negotiate the establishment of a joint venture to develop wave energy projects in Taiwan, with LTC responsible for funding, permits, and project management.
June 22, 2023 | 1:11 pm
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Eco Wave Power (NASDAQ:WAVE) signs MoU with Lian Tat Company to bring wave energy technology to Taiwan, potentially expanding its market and increasing revenues.
The partnership with Lian Tat Company will allow Eco Wave Power to expand its wave energy technology to Taiwan, a new market. This could lead to increased revenues and growth for the company. The joint venture will leverage Eco Wave Power's technology and expertise, making it a significant player in the project.
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