Welcome to our dedicated page for Eco Wave Power Global Ab (Publ) news (Ticker: WAVE), a resource for investors and traders seeking the latest updates and insights on Eco Wave Power Global Ab (Publ) stock.
Eco Wave Power Global AB (publ) (Nasdaq: WAVE) is an onshore wave energy company that regularly publishes updates on its technology, projects, and partnerships. This news page aggregates company press releases and third‑party coverage related to Eco Wave Power’s wave energy activities, giving readers a focused view of developments around the WAVE stock and its underlying business.
News items for Eco Wave Power often highlight progress at key sites such as the EWP‑EDF One grid‑connected station at Jaffa Port in Israel and the onshore wave energy pilot station at AltaSea in the Port of Los Angeles. Articles also cover milestones in Portugal, including the planned 1 MW wave energy project in Porto under a 20 MW concession agreement with APDL, as well as project steps in Taiwan, India, and South Africa.
Investors and observers can expect coverage of topics such as installation and testing of floaters and energy conversion units, metocean and loads assessments, concession and tender awards, feasibility studies, and collaborations with partners like Shell Marine Renewable Energy, I‑KE International Ocean Energy, Bharat Petroleum, and Africa Great Future Development. The news flow also includes recognition events, such as Eco Wave Power’s Los Angeles pilot being named to TIME’s Best Inventions of 2025 and the company receiving the United Nations Global Climate Action Award.
By following this page, readers can monitor how Eco Wave Power advances its wave energy pipeline, reports on operational performance at pilot stations, and communicates financial and strategic updates through SEC‑furnished press releases and other announcements related to WAVE.
Eco Wave Power (NASDAQ: WAVE) signed a Letter of Intent with UK-based Wavefront Asset Management to explore structured equipment financing and leasing for global wave energy projects. The non-binding LOI has a 36-month initial term and contemplates financing that may cover up to 100% of equipment costs, potentially including installation and staged payments. Wavefront may acquire Company equipment and lease it to customers under medium-term finance leases, subject to customary due diligence and credit approvals, to support the move from pilot projects to commercial-scale deployments.
Eco Wave Power (NASDAQ: WAVE) advanced its 1 MW Porto, Portugal wave energy project by completing a metocean wave and loads assessment with MetOcean Consult and submitting the full execution plan to APDL on January 8, 2026.
The project is the first megawatt-scale installation under the company's 20 MW concession with APDL. Eco Wave Power paid the first installment equal to 50% of the grid connection fee and secured formal acceptance of grid connection conditions with E-REDES. A tentative grid connection target in 2026 remains subject to final regulatory approvals and further scheduling with APDL.
Eco Wave Power (NASDAQ: WAVE) reported strong December 2025 performance at its pilot EWP-EDF One wave energy array in Jaffa Port, Israel. During approximately 12 days with 1–2 meter waves the system produced over 2,000 kWh of renewable electricity, and the array has recorded zero downtime since the start of 2025 under wave conditions ≥1 meter. The release frames the station as a pilot-scale demonstration validating continuous operation, robustness, and scalability toward larger commercial deployments. The company also noted a September 2025 project launch at AltaSea, Port of Los Angeles, following required regulatory approvals including a federal license.
Eco Wave Power (NASDAQ: WAVE) reported Q3 2025 progress and a nine-month financial update while launching its first U.S. onshore wave energy project.
Key facts: on Sept 9, 2025 Eco Wave Power launched the Port of Los Angeles pilot (partners: AltaSea, Shell MRE) and earned TIME Best Inventions 2025 recognition. Q3 operating expenses were $888k (+8% QoQ) and net loss for Q3 fell 28% QoQ to $996k. Nine-month operating expenses were $2.48M and nine-month net loss rose to $2.888M. Cash and short-term deposits: $6.85M at Sept 30, 2025.
Other milestones: Taiwan tender and 100kW pilot (planned 20MW medium term), Portugal 1MW plant planned for 2026 grid connection, India MoU with BPCL, R&D hub operations in Israel, and MetOcean work for South Africa.
Eco Wave Power (NASDAQ: WAVE) announced its AltaSea wave energy pilot at the Port of Los Angeles was named to TIME's Best Inventions of 2025, one of 300 global innovations recognized for originality, efficacy, ambition, and impact.
The Los Angeles pilot is described as the first onshore wave energy installation in the U.S., developed with Shell Marine Renewable Energy and hosted at AltaSea, demonstrating patented floaters on marine infrastructure for scalable, grid-connected deployment.
The company noted prior success with Israel's first grid-connected wave station and a growing project pipeline of 404.7 MW.
Eco Wave Power (NASDAQ: WAVE) hosted U.S. Congresswoman Nanette Barragán at its AltaSea onshore pilot station in the Port of Los Angeles on October 7, 2025. The visit highlighted the pilot as the first onshore wave energy installation in the U.S. and showcased the company's technology that mounts wave converters on existing marine infrastructure to produce predictable, scalable electricity.
Barragán promoted her $1 billion Marine Energy Technologies Acceleration Act to accelerate marine energy R&D and deployment. Company leadership said the pilot demonstrates commercial readiness and potential gigawatt-scale opportunity along California coastlines, stressing federal support and investor interest for scaling.
Eco Wave Power (NASDAQ: WAVE) has partnered with BladeRanger (TASE: BLDR) to introduce the first-ever drone-powered maintenance system for onshore wave energy technology. The groundbreaking collaboration was demonstrated at Eco Wave Power's grid-connected project in Jaffa Port, Israel, where BladeRanger's drones successfully cleaned and inspected wave energy floaters.
This innovative maintenance approach could significantly reduce operational costs, which currently account for up to 4% of project CAPEX annually at Eco Wave Power's Jaffa Port and Gibraltar sites. The partnership follows the recent launch of Eco Wave Power's Los Angeles Pilot on September 9, 2025, and aims to enhance system efficiency and reliability through automated drone technology.
Eco Wave Power (NASDAQ: WAVE) has achieved a historic milestone with the launch of the first-ever U.S. wave energy project at the Port of Los Angeles, developed in partnership with AltaSea and Shell Marine Renewable Energy. This groundbreaking installation marks the first onshore wave energy facility in the United States, featuring floaters that convert ocean wave motion into renewable electricity.
The project aligns with California's climate policies and Senate Bill 605, which mandates a wave energy roadmap. It has received strong federal support through Congresswoman Nanette Díaz Barragán's $1 billion Marine Energy Technologies Acceleration Act. CEO Inna Braverman announced upcoming expansion projects in Taiwan, India, and Portugal, while partnerships are developing in Africa, including a potential wave energy station at South Africa's Port of Ngqura.
Eco Wave Power (NASDAQ: WAVE) has achieved a significant milestone in its U.S. pilot project at the Port of Los Angeles by successfully completing operational testing and lowering its wave energy floaters into the water for the first time. The event was broadcast live on Good Morning America, marking a notable moment for wave energy technology visibility.
The project installation included wave energy floaters, hydraulic pipes, supporting infrastructure, and an onshore energy conversion unit. The company will host a formal unveiling ceremony on September 9, 2025, at AltaSea. The demonstration station aims to showcase the company's patented onshore technology, support environmental monitoring, serve as an educational hub, and establish groundwork for future commercial projects in the U.S.
Eco Wave Power (NASDAQ: WAVE) has achieved a significant milestone as its partner I-KE International Ocean Energy Co. secured a land use tender from Suao Port Company in Taiwan for a wave energy pilot station. This marks Taiwan's first-ever allocation of a commercial port area for wave power testing.
The project will be developed in Zone C of Suao Port's southern outer breakwater, spanning 2.25 hectares. I-KE will collaborate with Eco Wave Power to install Taiwan's first 100 kW onshore wave energy conversion unit, purchased through a turnkey agreement in late 2024. The project aims to expand to 20 MW in the medium term, with potential growth to 400 MW across Taiwan's coastline.