Eco Wave Power (Nasdaq US Stock Symbol: WAVE) developed an innovative technology for production of clean electricity from ocean and sea waves.
We aim to generate clean & affordable electricity, using a simple but smart design, allowing our floaters to be attached to existing man-made structures, and thereby simplifying installation and maintenance as well as accessibility.
EWP’s innovative technology has been recognized as a “Pioneering Technology” by the Chief Scientist of the Energy Ministry of Israel and received an Efficient Solution label from Solar Impulse Foundation. In addition, the company won the United Nations “Global Climate Action” Award and received grants by ERDF, Horizon 2020 and the Energy Ministry of Israel.
The company is pioneering in its’ sector by operating a grid-connected wave energy array, which is operational under a PPA (Power Purchase Agreement) and holds substantial number of projects in its’ pipeline.