Eco Wave Power Global AB (NASDAQ:WAVE) CEO Inna Braverman speaks to Proactive's Stephen Gunnion about the company’s groundbreaking technology and recent developments.
Eco Wave Power is a pioneer in generating clean electricity from ocean and sea waves. The company operates the first grid-connected wave energy array in Israel, sending clean electricity to local homes and the port of Jaffa.
Braverman shared exciting updates, including the company's collaboration with EDF Électricité de France on the EWP EDF One 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.
Braverman emphasized Eco Wave Power's unique onshore approach, utilizing existing manmade structures to generate reliable, environmentally friendly, and easily grid-connected electricity. This strategy sets them apart from competitors and presents a compelling investment case.
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