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About Eco Wave Power Global AB

Eco Wave Power Global AB ADR (NASDAQ:WAVE) specializes in converting ocean and sea waves into green electricity, aiming to contribute to global renewable energy targets. The company is traded on the NASDAQ stock market. Through innovative wave energy conversion technology, Eco Wave Power is embarking on projects across the globe to harness the power of the ocean in an efficient and environmentally friendly manner. Their objectives include expanding their technology's reach, improving efficiency, and proving wave energy's viability as a significant and sustainable energy source. By focusing on collaborative projects and strategic partnerships, Eco Wave Power aspires to play a crucial role in the transition towards a cleaner energy future.

What is WAVE known for?

Snapshot

Public US
Ownership
2011
Year founded
12
Employees
Stockholm, Sweden
Head office
1 of 5
US Rank
Unknown
Sector
N/A
Sector rank
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Operations

All Locations
Kingdom of Sweden

Products and/or services of Eco Wave Power Global AB

  • Wave energy conversion technology that transforms ocean and sea waves into clean energy, utilizing floaters attached to existing structures.
  • Development of a grid-connected wave energy array in Jaffa Port, Israel, aiming to showcase scalable wave energy production.
  • Collaboration with the European Union on the Horizon 2020 project, focusing on advancing wave energy converter technology for increased efficiency and reduced costs.
  • Implementation of a pilot project in Gibraltar, harnessing wave power to contribute to the territory's renewable energy mix.
  • Partnership agreements for exploring and developing wave energy projects in multiple countries, including Portugal and Brazil, aiming to expand global reach.
  • Research and development in advanced materials and engineering solutions to enhance the durability and performance of wave energy converting floaters.

Eco Wave Power Global AB executive team

  • Ms. Inna BravermanFounder, CEO & Director
  • Mr. David LebFounder & Independent Director
  • Mr. Aharon YehudaChief Financial Officer

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