We are featured in Science Illustrated 🌊⚡ The oceans involve enormous forces, which is why they are one of the most potent sources of green energy on the planet. The waves could supply five times more electricity than wind turbines worldwide. In fact, wave energy can cover the entire world's power requirement and more. The oceans could be the missing piece of the global green energy puzzle, and after years of development, prototypes, and tests of various technologies- wave power is now predicted to make its big breakthrough! See the full article in the following link: https://lnkd.in/drpMcskq Article by Mikkel Meister Illustration by Claus Lunau #waveenergy #innovation #technology #science #engineering #renewableenergy
Eco Wave Power
Renewable Energy Semiconductor Manufacturing
Tel Aviv, Israel 17,378 followers
Nasdaq Stock Symbol: WAVE Harnessing the power of nearshore waves to create clean and affordable energy.
About us
Eco Wave Power (Nasdaq Stock Symbol: WAVE) is an advanced and innovative international wave power developer, headquartered in Israel. The company was established after a period of conceptualizing and planning for a new and competitive wave energy technology. Eco Wave Power is the only wave energy company to ever win the Frost & Sullivan Product Innovation Award. According to Frost & Sullivan, “Eco Wave Power efficiently handles the prominent challenges prevailing in the field and offers an all-round solution for effective energy harvesting. Based on the aforementioned performance drivers as measured through Frost & Sullivan independent analysis, Eco Wave Power is the recipient of the 2012 Frost & Sullivan New Product Innovation Award” The company has developed proprietary technology for extracting energy from ocean and sea waves and converting it into electricity. Such technology enables to deliver effective, sustainable, practical, feasible and affordable wave energy solutions, which are responsive to the needs of local communities, cities, and countries globally wide. Due to our awareness to the oscillating need of renewable energy sources, Eco Wave Power is currently focused on developing and commercializing its 100% owned patents, which are capable of producing large amounts of affordable, zero-emission renewable power. The Eco Wave Power wave energy converter is a simple and inexpensive technology to harvest wave energy from high and low waves. It is designed to be simple and robust while offering technical advantages over competing systems. Our system is being developed to produce electricity for cheaper price than traditional energy generation methods such as: coal, oil and gas as well as renewable energy generation methods such as wind and Solar. This will be achieved by using low cost materials, low maintenance price and periods and long life expectancies.
- Website
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http://www.ecowavepower.com
External link for Eco Wave Power
- Industry
- Renewable Energy Semiconductor Manufacturing
- Company size
- 11-50 employees
- Headquarters
- Tel Aviv, Israel
- Type
- Public Company
- Founded
- 2011
- Specialties
- Renewable Energy, Engineering, Green Technology, Wave Energy, Power Generation, and Commercial Power
Locations
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Primary
16 Homa Umigdal St.,
Tel Aviv, Israel, IL
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Donghan 86 Rd.
Changshu, Jiangsu 215500, CN
Employees at Eco Wave Power
Updates
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Inna Braverman, Founder and CEO of Eco Wave Power, shared her personal journey and insights on how female founders can overcome funding challenges in the Enterprising Women journal. 👠 Please see the full article at the following link: https://lnkd.in/d9D3KmqY #girlpower #femalefounders #renewableenergy #sustainability #technlogy #innovation
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Inna Braverman, Founder and CEO of Eco Wave Power spoke to Stephen Gunnion from Proactive Magazine, about the company’s groundbreaking technology and recent developments. She shared exciting updates, including the company's collaboration with Électricité de France on the project in Israel, where downtime has decreased to 0% and energy generation continues to improve. She also highlighted the company's upcoming project in the Port of Los Angeles, supported by Shell MRE, and a commercial project in Portugal under a 20MW concession agreement. Please see the full interview in the following link: https://lnkd.in/dvBEX4US EDF Renouvelables #proactive #investment #renewableenergy #sustainability #technology #innovation
Eco Wave Power: harnessing the ocean's energy for clean electricity
https://www.youtube.com/
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Please see a new short film by Impact Nation introducing Eco Wave Power: https://lnkd.in/dGNkJfJZ Conversations about renewable energy tend to revolve around wind and solar -- but when was the last time you thought about the ocean?! Ocean and sea waves contain massive power -- and now, Eco Wave Power has devised a solution to harness it. Picture this: piers and breakwaters equipped with wave energy arrays, generating clean power with every bob and crash of the water beneath them. Eco Wave Power has developed a modular, scalable, and cost-effective solution that minimizes environmental impact by leveraging existing structures, an innovation as elegant as it is effective. Eco Wave Power is leading the wave (pun intended) towards a sustainable future, one green kilowatt at a time. Guy Lieberman #renewableenrgy #waveenegy #technology #innovation #sustinability
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Eco Wave Power (Nasdaq: WAVE) is pleased to announce that we have received a green light for the repurchase of our American Depository Shares. Following our official request, submitted to the Swedish Financial Supervisory Authority (the “SFSA”) on the 21st of December, 2023, for authorization 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 in accordance with Chapter 19 of the Swedish Companies Act. As a result, the Company should be able to repurchase ADSs, in accordance with Swedish law. As such, Eco Wave Power will enter into relevant agreements with a bank for the execution of any necessary steps related to the buyback. “We are very excited to finally be able to proceed with the buyback. We believe that our ADS buyback program will allow our leadership to have a greater scope to act and have the opportunity to improve the Company’s capital structure, driving greater shareholder value and improving the investment value of our company,” said Eco Wave Power’s Founder and Chief Executive Officer Inna Braverman. For additional information, please see the following link: https://lnkd.in/d72BWdXx Photo credit: Nasdaq INC, Vanja Savic #nasdaq #usa #shares #technology #sustainability #renewableenergy
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Eco Wave Power (Nasdaq: WAVE), is pleased to announce that we officially kicked off the first MW-scale wave energy project in Portugal as part of a 20 MW Concession Agreement. The project will feature a first of its kind underwater wave energy museum. Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power said: “We believe that this will be the first wave energy project in the world to show significant energy production from the power of the waves. I truly believe that this revolutionary project will position Eco Wave Power as a leading wave energy developer and serve as a significant milestone towards the commercialization of our wave energy technology globally. I would like to thank the Municipality of Porto and APDL, for being true wave energy pioneers, by enabling and supporting the development of an innovative, environmentally friendly energy generation technology, which will serve to lower the port’s carbon footprint, while creating new workplaces and an innovative industry in Portugal.” Please read full press release by the link: https://lnkd.in/dXrKFb47 PLMJ Joana Brandão #portugal #renewableenergy #sustainability #innovation #technology #marine
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Eco Wave Power (Nasdaq: WAVE) applauds Congresswomen Nanette Barragan (CA-44) and Suzanne Bonamici (OR-01) for the introduction of the Marine Energy Technologies Acceleration Act, legislation that would invest $1 billion to advance marine energy toward full-scale commercialization. This federal legislation comes in parallel to the upcoming wave energy demonstration project to be implemented by Eco Wave Power and Shell Marine at AltaSea at the Port of Los Angeles, where Eco Wave Power is set to install the first U.S. onshore wave energy pilot station in the coming months. Representative Barragán has already visited Eco Wave Power’s installation site and was impressed by the abundant possibilities for wave energy implementation in California and in the United States. “We are grateful that representatives Barragán and Bonamici recognized the vast potential of wave energy in meeting the U.S. renewable energy targets and promoting economic growth through the blue economy,” said Inna Braverman, Founder and CEO of Eco Wave Power. “The U.S. is becoming a global leader on climate initiatives, and this new federal legislation further demonstrates the U.S. leadership across the world. We believe that wave energy has massive potential, and we will soon be demonstrating our pioneering technology at the Port of Los Angeles and showcasing that wave energy can be a significant force in combating climate change and powering our communities with clean, reliable energy sourced from the endless power of the ocean”, added Braverman. The full text of the bill: https://lnkd.in/d5NzWQns Please read further info in the following press release: https://lnkd.in/dMmSeb4h Terry Tamminen Jenny Krusoe Port of Los Angeles #usa #bill #marineenergy #renewableenergy #innovation #sustainability #green
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Eco Wave Power is pleased to announce that we have been selected as the winner of the 2024 EDF Pulse Awards 10th edition, in the category of “Developing a Profitable Decentralized Energy System”. We were awarded during a ceremony conducted by Luc Rémont, Chairman & Chief Executive Officer of EDF, in EDF’s Pavilion, constructed in partnership with the Paris 2024 Olympic Games. “We are honored to win the prestigious EDF Pulse Award, by Électricité de France (EDF), which is a multinational electric utility company, and the largest renewable energy producer in Europe”, said Eco Wave Power’s Founder and CEO Inna Braverman. “I would like to dedicate this Award to EDF Renewables Israel and thank them for the productive collaboration in the implementation of the first grid-connected wave energy project in the history of Israel. We hope and aim to implement many more projects with the EDF Group. Thank you for your support!” This significant recognition comes in parallel with the productive collaboration between Eco Wave Power and EDF Renewables Israel (a subsidiary of Électricité de France), which jointly own and operate a wave energy pilot project in Israel, the EWP-EDF One Project. In November 2024, Eco Wave Power and EDF plan to hold a ceremonial “plugging in” event to commemorate this historic achievement. Please read the full press release by the link: https://lnkd.in/d8Xhr_vp EDF Renouvelables EDF Renewables Israel Julien Villeret Valery Prunier Ayalon Alain Vaniche Pierre Kohn Israel Lichtig Amir Horowitz #edf #award #winner #innovative #technology #renewables #sustainability
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Eco Wave Power is honored to announce that today we won the 2024 EDF Pulse Award in the category of “Developing profitable decentralised energy system”. 🥇 The event took place in Paris at the EDF Pavilion which is constructed in partnership with the Paris 2024 Olympic and Paralympic Games. We would like to dedicate this Award to EDF Renewables Israel, and thank them for the productive collaboration in the implementation of the first grid connected wave energy project in the history of Israel. We hope to implement many more projects with the EDF Group! Thank you for your support! EDF Renouvelables EDF Renewables Israel Ayalon Alain Vaniche Pierre Kohn Israel Lichtig Amir Horowitz Valery Prunier #edf #award #innovation #renewables #technology
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Eco Wave Power is pleased to announce that we have been selected as a finalist for the 2024 EDF Pulse Awards 10th edition, competing in the category of developing a profitable decentralized energy system. Finalists for the EDF Pulse awards will present to the EDF Executive Committee July 17, 2024, with winners announced July 18, 2024 in Paris, France. Since 2014, the EDF Pulse awards judges have reviewed more than 2,450 applicants and offered direct support to more than 96 startups, with 35 winners overall. Pulse award winners will be awarded tailor-made support in further research, proof of concept, professional development and other forms of aid. This significant recognition comes in parallel with the productive collaboration between Eco Wave Power and EDF Renewables Israel (a subsidiary of Électricité de France), which jointly own and operate a wave energy pilot project in Israel (the EWP-EDF One project). In 2023, the power station was officially connected to the Israeli national electrical grid, marking the first time in the history of Israel that electricity produced by the power of the waves is being sent to the national electrical grid of the country. Since then, the EWP-EDF One project has proceeded to full system calibration, to be followed by a ceremonial “plugging in” event to be held in November 2024 to commemorate this historic achievement. Read the full press release for further info: https://lnkd.in/d475iWMD #edf #paris #award #renewableenergy #innovation #technology
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