Eco Wave Power Ltd. News

Eco Wave Power Gains final permit for Port of Los Angeles' onshore wave energy project

Eco Wave Power Global AB (“Eco Wave Power” or the “Company”), a global provider of onshore wave energy technology, is pleased to announce it has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its ground-breaking wave energy project at AltaSea’s premises at the Port of Los Angeles. This milestone marks a significant step forward in the development of Eco Wave Power’s pioneering wave energy project, which is set to become t...

Eco Wave Power appoints new VP of Engineering

Eco Wave Power Global AB, a publicly traded onshore wave energy technology company announced the appointment of Ran Atias as Vice President of Engineering for the Eco Wave Power Group. Mr. Atias will begin his employment immediately and will be based in Eco Wave Power’s headquarters in Tel Aviv, Israel. Ran Atias Mr. Atias holds an MBA and a B.Sc. in Mechanical Engineering from Ben-Gurion University and joins Eco Wave Power with broad experience in the management of high-complexity me...

Eco Wave Power expands wave energy in Taiwan

Eco Wave Power Global AB, a publicly traded onshore wave energy technology company announces that it signed an agreement for the sale of the first wave energy generation unit with I-Ke International Ocean Energy Co., a subsidiary of Lian Tat Company, a maritime engineering company, with the purpose of bringing Eco Wave Power’s wave energy technology to Taiwan. According to the terms of the agreement, I-Ke will be providing the full financing for the 100KW pilot project, by buying a turnke...

Eco Wave Power to improve capital structure with ADS buyback

Eco Wave Power Global AB, a publicly traded onshore wave energy company, is pleased to announce that following its official request, submitted to the Swedish Financial Supervisory Authority (the SFSA) on the 21st of December, 2023, for authorisation for the repurchase of American Depositary Shares (the ADS) representing up to 10 percent of the total number of shares in the Company, the SFSA responded that in its opinion, the ADS are not considered equivalent to shares by Chapter 19 of the Swed...

Eco Wave Power's first MW-scale wave energy project in Portugal

Eco Wave Power Global AB, a publicly-traded onshore wave energy technology company, is pleased to announce that Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power, and Eco Wave Power’s engineering team, have arrived for a meeting and an official site visit with APDL (Administração dos Portos do Douro, Leixões e Viana do Castelo, S.A), and other relevant stakeholders for the official kickoff of the Company’s first MW-scale wave energy project,...

Eco Wave Power to unveil its first US based wave energy power station at an AltaSea Event

Eco Wave Power Global AB will unveil its disruptive technology for the first time during an AltaSea Event on the 12th of January 2023. The press conference will also feature the grand opening and ribbon-cutting of an office and commercial loan hub of Beneficial State Bank (BSB), which is supportive of blue economy related technologies. The press conference will feature Kat Taylor, the philanthropist that co-founded BSB in 2007, alongside Eco Wave Power Founder and CEO Inna Braverman. Joining t...

Eco Wave Power’s wave energy conversion unit arrives at AltaSea at the Port of Los Angeles

Eco Wave Power Global AB announced that the energy conversion unit, formerly deployed in Gibraltar, has officially arrived at its new home, AltaSea at the Port of Los Angeles, United States, where it will be installed as a pilot station in the coming months. This is the first U.S. location for Eco Wave Power’s technology, which is already deployed in Israel with plans for further deployments in Spain, Portugal, Turkey, and other locations, as part of the Company’s current 404.7 MW...

Eco Wave Power sponsors AltaSea’s Blue Economy fundraiser event, which coincides with the arrival of the firm’s Wave Energy Technology at AltaSea

Eco Wave Power Global AB (‘Eco Wave Power’ or the ‘Company’) is pleased to announce that it will be providing sponsorship to AltaSea’s innovative and engaging Blue Hour 3: The Warehouse fundraising event on October 8, 2022, which will bring together art and technology to tell the story of the emerging Blue Economy. Blue Hour 3: The Warehouse will celebrate the ocean through various art installations spread throughout Berth 60 – a 60,000 square foot warehouse...

Eco Wave Power’s Wave Energy Pilot on its way to AltaSea at the Port of Los Angeles

Eco Wave Power announced that the energy conversion unit, formerly deployed in Gibraltar, is officially on its way to AltaSea at the Port of Los Angeles, set to arrive in September 2022. This will be the first U.S. location for Eco Wave Power’s technology, which is already deployed in Israel and plans further deployments in Spain, Portugal, and other locations, completing the Company’s 327.7 MW project pipeline. Eco Wave Power entered a collaboration agreement with AltaSea earlier a...

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