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Eco Wave Power Global AB (publ) welcomed the announcement of a new Israeli government Blue-Tech Energy initiative…
WAVEEco Wave Power Global AB (publ)
Eco Wave Power Global AB (publ) welcomed the announcement of a new Israeli government Blue-Tech Energy initiative, which will invest NIS 6 million (approximately $2 million USD) to advance marine renewable energy technologies. The company's Jaffa Port power station is currently the only grid-connected wave energy station in Israel and has maintained zero downtime since the beginning of 2025. Eco Wave Power is a developer of onshore wave energy technology that converts ocean and sea waves into clean electricity using patented technology.