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Eco Wave Power Global AB - WAVE STOCK NEWS

Welcome to our dedicated news page for Eco Wave Power Global AB (Ticker: WAVE), a resource for investors and traders seeking the latest updates and insights on Eco Wave Power Global AB.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Eco Wave Power Global AB's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Eco Wave Power Global AB's position in the market.

Rhea-AI Summary
Eco Wave Power partners with a major energy company to develop the first US wave energy pilot station at AltaSea's premises in the Port of LA. The company has identified at least 77 potential sites in the US for wave energy stations, signaling a significant step towards sustainable innovation and a cleaner future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
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none
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Rhea-AI Summary
Eco Wave Power (WAVE) partners with a major energy company for a feasibility study on commercial wave energy stations in the U.S. and globally. The study aims to identify optimal locations for installations, with promising results and a long-term roadmap for commercialization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
236%
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none
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Rhea-AI Summary
Eco Wave Power Global (Nasdaq: WAVE) filed its annual report with impressive financial growth, secured grants, and key project advancements in 2023. Despite challenges, the company increased revenues by 1076% and reduced net loss by 36%. Notable achievements include connecting the EWP-EDF One Project to Israel's grid, signing a strategic agreement for a U.S-based project, and receiving approval for a commercial project in Portugal. The company submitted a request for share repurchase and remains financially stable. However, clean energy stocks faced market challenges in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.5%
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none
Rhea-AI Summary
Eco Wave Power Global AB (WAVE) reports a 1,076% revenue increase, 36% decrease in net loss, significant projects progress, and grants secured. The company aims to expand wave energy technology globally with key projects in Israel, the US, and Portugal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Eco Wave Power Global AB announces the presentation of Founder and CEO Inna Braverman's portrait at a special interactive art exhibition at the United Nations Headquarters. The exhibition highlights women leaders driving solutions for Sustainable Development Goals, with Braverman representing UN Goal #7 for affordable and clean energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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none
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Rhea-AI Summary
Eco Wave Power Global AB (WAVE) announces CEO Inna Braverman's participation in FII Priority summit with global leaders and influencers in Miami. Braverman will deliver a keynote speech on ocean technology and clean energy potential.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
conferences
Rhea-AI Summary
Eco Wave Power Global (Nasdaq: WAVE) has secured a £1.5 million grant as part of a consortium to design a pilot microgrid project for a remote island in Thailand. The project aims to develop onshore Wave Energy Converters to provide clean, affordable, and accessible energy to low-income residents in islands. The consortium includes Toshiba, Aquatera, Hitachi, and teams from various universities. The project will develop new technologies such as predictive control systems, radar systems, AI-based load and generation prediction systems, and wireless energy management systems. The project also aims to commercialize novel technologies and customize WECs for islands and microgrid applications. The Provincial Electricity Authority of Thailand will act as the microgrid operator on the island, providing inexpensive electricity tariffs for residents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
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none
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Rhea-AI Summary
Eco Wave Power Global AB (WAVE) has successfully connected its EWP-EDF One project in the Port of Jaffa, Israel, to the national electrical grid, marking a historic milestone for wave energy in the country. The project, co-funded by EDF Renewable IL and the Israeli Ministry of Energy, has an installed capacity of 100KW and is comprised of 10 floaters. The company is also planning to launch a project in the Port of Los Angeles, positioning itself strategically in the U.S. market, which has significant potential for wave energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.27%
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none
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Rhea-AI Summary
Eco Wave Power Global AB (publ) (Nasdaq: WAVE) has submitted a request to the Swedish Financial Supervisory Authority for the repurchase of American Depositary Shares, approved by the shareholders at the 2023 Annual General Meeting. The repurchase is limited to 10 percent of the total number of shares and will be made on the Nasdaq Capital Market or any other regulated market. The company aims to improve its capital structure and drive greater shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.81%
Tags
buyback
Rhea-AI Summary
Eco Wave Power Global AB (WAVE) will hold a conference call to discuss the financial results for the third quarter of 2023 on December 5, 2023. The CEO, Inna Braverman, will host the call to provide insights into the company's outlook and financial performance. The event will be webcast live and a replay will be available for interested parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.48%
Tags
conferences earnings
Eco Wave Power Global AB

Nasdaq:WAVE

WAVE Rankings

WAVE Stock Data

20.53M
20.79M
0.61%
0.02%
Hydroelectric Power Generation
Utilities
Link
Sweden
Stockholm

About WAVE

eco wave power 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