Eco Wave Power’s new project in Spain

Port Adriano, which is on the south coast of the island of Mallorca, will assign a potentially suitable location for Eco Wave Power’s wave-energy power plant for a period of 20 years. Eco Wave Power, a Swedish company founded in Israel, will secure all the licenses; construct and commission the power plants; and then sell the generated electricity in accordance with an approved production quota to be determined for the site.

Does anyone know why Gibraltar didn't continue this venture with Eco Wave if renewable energy is so important?

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