Develops and commercializes technology to convert ocean and sea waves into clean electricity, contributing to renewable energy portfolios.
Eco Wave Power Global AB, a pioneer in wave energy technology, specializes in developing innovative Wave Energy Conversion (WEC) systems designed to harness the power of ocean and sea waves for clean electricity generation. The company has achieved significant milestones, including the operation of a grid-connected wave energy array in Gibraltar under a notable power purchase agreement with the Government of Gibraltar and Gibraltar's National Electric Company.
Beyond Gibraltar, Eco Wave Power Global AB has established a robust international presence with agreements spanning power purchase, concession, and other arrangements worldwide. The company boasts a substantial pipeline of projects totaling approximately 327.7 megawatts, highlighting its commitment to expanding renewable energy solutions globally. Operating in key markets such as Sweden, Israel, Portugal, China, Australia, Mexico, and beyond, Eco Wave Power Global AB contiinues to lead advancements in sustainable energy.
Originally founded as EWPG Holding AB and subsequently rebranded in June 2021, Eco Wave Power Global AB (publ) has continually evolved since its establishment in 2011. Headquartered in Tel Aviv-Yafo, Israel, the company leverages its extensive expertise and strategic partnerships to drive forward the adoption of wave energy as a reliable and environmentally friendly power source.
With a focus on innovation and global growth, Eco Wave Power Global AB (publ) remains dedicated to revolutionizing the renewable energy landscape. By harnessing the kinetic energy of waves, the company is poised to make substantial contributions to sustainable development goals while addressing the world's increasing energy demands in an eco-friendly manner.