Eco Wave Power Completes Full Installation at the Port of Los Angeles and Gears up for First Operational Testing
Eco Wave Power (NASDAQ: WAVE) has completed the installation of its first U.S. wave energy pilot project at the Port of Los Angeles. The installation includes wave energy floaters, hydraulic pipes, supporting infrastructure, and an onshore energy conversion unit.
The non-grid-connected demonstration station will begin operational testing ahead of its official unveiling ceremony on September 9, 2025. The project aims to demonstrate the company's technology in U.S. marine conditions, facilitate environmental monitoring, and serve as a learning hub for stakeholders.
Local partners include All-Ways Metal for floater fabrication and C&S Welding Inc. for installation work. While this project focuses on demonstration, Eco Wave Power continues operations at its grid-connected site in Israel and plans expansion to Taiwan, India, and Portugal.
Eco Wave Power (NASDAQ: WAVE) ha completato l'installazione del suo primo progetto pilota di energia dalle onde negli Stati Uniti, al Port of Los Angeles. L'allestimento comprende galleggianti per la cattura delle onde, condotte idrauliche, infrastrutture di supporto e un'unità di conversione energetica onshore.
La stazione dimostrativa, non collegata alla rete, avvierà i test operativi prima della sua cerimonia di inaugurazione ufficiale il 9 settembre 2025. L'obiettivo è dimostrare la tecnologia in condizioni marine statunitensi, agevolare il monitoraggio ambientale e fungere da centro di apprendimento per le parti interessate.
I partner locali includono All-Ways Metal per la fabbricazione dei galleggianti e C&S Welding Inc. per le attività di installazione. Pur essendo questo progetto a scopo dimostrativo, Eco Wave Power continua le attività nel sito connesso alla rete in Israele e prevede l'espansione a Taiwan, India e Portogallo.
Eco Wave Power (NASDAQ: WAVE) ha finalizado la instalación de su primer proyecto piloto de energía de las olas en EE. UU., en el Port of Los Angeles. La instalación incluye flotadores, tuberías hidráulicas, infraestructuras de soporte y una unidad de conversión de energía en tierra.
La estación de demostración, que no está conectada a la red, comenzará las pruebas operativas antes de su inauguración oficial el 9 de septiembre de 2025. El proyecto busca demostrar la tecnología en las condiciones marinas de EE. UU., facilitar el monitoreo ambiental y servir como centro de aprendizaje para las partes interesadas.
Los socios locales son All-Ways Metal para la fabricación de los flotadores y C&S Welding Inc. para la instalación. Aunque este proyecto es principalmente demostrativo, Eco Wave Power mantiene operaciones en su sitio conectado a la red en Israel y planea expandirse a Taiwán, India y Portugal.
Eco Wave Power (NASDAQ: WAVE)가 로스앤젤레스 항구(Port of Los Angeles)에 미국 내 첫 파력(파도 에너지) 시범 프로젝트 설치를 완료했습니다. 설치에는 파력 부표, 유압 배관, 보조 인프라 및 육상 에너지 변환 장치가 포함됩니다.
이 시연 설비는 그리드에 연결되지 않은 상태로, 2025년 9월 9일 공식 공개식에 앞서 운용 시험을 시작합니다. 본 프로젝트는 미국 해양 환경에서 기술을 입증하고 환경 모니터링을 지원하며 이해관계자들을 위한 학습 허브 역할을 하는 것을 목표로 합니다.
현지 파트너로는 부표 제작을 담당한 All-Ways Metal과 설치를 맡은 C&S Welding Inc.가 참여했습니다. 이번 사업은 시범 성격이지만 Eco Wave Power는 이스라엘의 그리드 연결 사이트에서 계속 운영 중이며 대만, 인도, 포르투갈로의 확장을 계획하고 있습니다.
Eco Wave Power (NASDAQ: WAVE) a achevé l'installation de son premier projet pilote d'énergie houlomotrice aux États-Unis, au Port of Los Angeles. L'équipement comprend des flotteurs, des conduites hydrauliques, des infrastructures de soutien et une unité de conversion d'énergie à terre.
La station de démonstration, non connectée au réseau, lancera des essais opérationnels avant sa cérémonie d'inauguration officielle le 9 septembre 2025. Le projet vise à valider la technologie en conditions marines américaines, à faciliter le suivi environnemental et à servir de centre d'apprentissage pour les parties prenantes.
Les partenaires locaux incluent All-Ways Metal pour la fabrication des flotteurs et C&S Welding Inc. pour les travaux d'installation. Bien que ce projet soit principalement démonstratif, Eco Wave Power poursuit ses opérations sur son site connecté au réseau en Israël et prévoit de s'étendre à Taïwan, à l'Inde et au Portugal.
Eco Wave Power (NASDAQ: WAVE) hat die Installation seines ersten US-Pilotprojekts zur Wellenenergie im Port of Los Angeles abgeschlossen. Die Anlage umfasst Wellenenergie-Floater, Hydraulikleitungen, unterstützende Infrastruktur und eine an Land stehende Energieumwandlungseinheit.
Die nicht ans Netz angeschlossene Demonstrationsstation wird vor ihrer offiziellen Enthüllungszeremonie am 9. September 2025 mit den Betriebstests beginnen. Ziel des Projekts ist es, die Technologie unter US-Meeresbedingungen zu demonstrieren, Umweltüberwachungen zu ermöglichen und als Lernzentrum für Beteiligte zu dienen.
Zu den lokalen Partnern zählen All-Ways Metal für die Fertigung der Floater und C&S Welding Inc. für die Installationsarbeiten. Obwohl es sich um ein Demonstrationsprojekt handelt, führt Eco Wave Power den Betrieb an seinem netzgebundenen Standort in Israel fort und plant eine Ausweitung auf Taiwan, Indien und Portugal.
- Successfully completed first U.S. installation at Port of Los Angeles
- Expanding global presence with planned operations in Taiwan, India, and Portugal
- Strategic partnerships with local U.S. companies demonstrate market integration capability
- Project is non-grid-connected, limiting real energy production validation
- Commercial implementation timeline in U.S. remains undefined
Insights
WAVE's LA port installation milestone advances US wave energy commercialization but immediate revenue impact remains limited as it's a non-grid demonstration project.
Eco Wave Power has reached a crucial development milestone with the completed installation of its wave energy technology at the Port of Los Angeles. The company has successfully installed all wave energy floaters, connected hydraulic pipes, and placed the onshore energy conversion unit - essentially completing the full physical infrastructure needed for wave energy generation.
What's technically significant is that this pilot represents WAVE's entry strategy into the US renewable energy market. Rather than immediately pursuing grid connection and revenue, the company has strategically designed this as a non-grid-connected demonstration station. This approach allows them to navigate the complex US regulatory environment more efficiently while showcasing their technology's viability.
The technical architecture leverages existing marine infrastructure - a key differentiator from other wave energy technologies that require standalone offshore installations. This integration approach significantly reduces installation costs and potential environmental impacts while simplifying maintenance access.
From a development perspective, this pilot serves multiple critical functions: it creates a real-world demonstration platform for US stakeholders, facilitates essential environmental monitoring and regulatory approval processes (particularly with the US Army Corps of Engineers), and establishes a foundation for future commercial deployments.
It's worth noting that while this milestone advances WAVE's US commercialization roadmap, the company's performance validation data will still primarily come from its grid-connected site in Israel, soon supplemented by operational projects in Taiwan, India, and Portugal. The diversification across multiple marine environments will strengthen their technical validation data - critical for attracting utility-scale projects and funding.
The localization of their supply chain through partnerships with California-based fabricators and contractors demonstrates WAVE's commitment to regional economic development while building local technical expertise with their technology, which should accelerate future deployment capabilities.
Los Angeles, California--(Newsfile Corp. - August 11, 2025) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE), a leading onshore wave energy technology company, is pleased to announce that its U.S. pilot project at the Port of Los Angeles has successfully reached a major milestone with the completion of all installation works. This includes:
Full installation of all wave energy floaters
Connection of hydraulic pipes and supporting infrastructure
Placement of the onshore energy conversion unit
With installation works finalized by C&S Welding Inc., Eco Wave Power is now gearing up for the first operational testing of the pilot project, to be followed by an official unveiling ceremony on September 9, 2025, at AltaSea at the Port of Los Angeles.
Energy Conversion Unit and Floaters fully installed
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"Completing installation at the Port of Los Angeles marks a significant milestone in our U.S. journey," said Inna Braverman, Founder and CEO of Eco Wave Power. "As it will serve as a vital learning and demonstration platform for environmental surveys, regulatory engagement, and site visits by key stakeholders. It's a showcase of how our technology can be implemented on existing marine infrastructure while advancing the path toward commercial wave energy in the United States."
The Los Angeles project is designed as a non-grid-connected demonstration station, with the following key objectives:
Demonstrate Eco Wave Power's patented technology in real U.S. marine conditions
Facilitate environmental monitoring and regulatory processes in collaboration with local stakeholders and authorities, including the U.S. Army Corps of Engineers
Serve as a learning hub for officials, industry partners, and potential customers
Lay the groundwork for future commercial, grid-connected projects in the U.S.
While U.S. energy production validation will remain limited to demonstration measurements, Eco Wave Power continues to rely primarily on real-world production from its grid-connected site in Israel, which will soon be joined by operational projects in Taiwan, India, and Portugal. Together, these sites will expand the company's data collection and performance validation across diverse marine conditions, supporting the path to full-scale commercialization.
Eco Wave Power partnered with California-based companies to bring the pilot to life:
All-Ways Metal, a woman-owned fabrication company, produced the innovative floaters
C&S Welding Inc., a family-owned Wilmington contractor, performed the installation, leveraging nearly two decades of experience in port and marine infrastructure projects
"Completing the installation is a proud moment for our team," said Ian Crichton, President of C&S Welding Inc. "Eco Wave Power's system is an exciting clean energy solution, and we're honored to play a role in its U.S. debut."
About the Port of Los Angeles Project
Eco Wave Power's onshore wave energy system attaches floaters to existing marine structures. The up-and-down motion of waves drives hydraulic cylinders, sending fluid to a land-based energy conversion unit, which produces electricity.
Key advantages include:
No footprint on the seabed, minimizing environmental impact
Modular, low-maintenance design for port and coastal environments
This high-visibility pilot forms an essential stepping stone for Eco Wave Power's U.S. commercialization strategy and strengthens the company's 404.7 MW global project pipeline.
About AltaSea
AltaSea at the Port of Los Angeles is a nonprofit center for blue economy innovation, research, and education. Dedicated to accelerating ocean-based solutions to climate change, AltaSea serves as a hub for sustainable business, environmental progress, and community engagement.
About Eco Wave Power Global AB (publ)
Eco Wave Power (NASDAQ: WAVE) is a pioneering onshore wave energy company transforming ocean and sea waves into clean, cost-efficient electricity using its patented and intelligent technology.
With a strong commitment to addressing climate change, the company developed and operates Israel's first grid-connected wave energy power station—recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and co-funded by EDF Renewables IL.
Eco Wave Power is actively expanding its global footprint, with upcoming projects planned in the Port of Los Angeles, Portugal, Taiwan, and India—contributing to a growing project pipeline of 404.7 MW.
The company has earned support and recognition from leading international organizations, including the European Union Regional Development Fund, Innovate UK, and the Horizon 2020 program, and is a proud recipient of the United Nations Global Climate Action Award.
Eco Wave Power's American Depositary Shares are listed on the Nasdaq Capital Market under the symbol "WAVE." For more information, please visit www.ecowavepower.com.
Note: Information available on or through the websites mentioned herein does not form part of this press release.
For press inquiries, please contact: info@ecowavepower.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and other Federal securities laws. For example, the Company is using forward-looking statements in this press release when it discusses its expectation that the Company's technology is a showcase to advancing the path toward commercial wave energy in the United States and its expectation that the Company's first U.S. wave energy project will be unveiled on September 9th. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will", or variations of such words, and similar references to future periods. These forward-looking statements and their implications are neither historical facts nor assurances of future performance and are based on the current expectations of the management of Eco Wave Power and are subject to a number of factors, uncertainties and changes in circumstances that are difficult to predict and may be outside of Eco Wave Power's control that could cause actual results to differ materially from those described in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Except as otherwise required by law, Eco Wave Power undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting Eco Wave Power is contained under the heading "Risk Factors" in Eco Wave Power's Annual Report on Form 20-F for the fiscal year ended December 31, 2024 filed with the SEC on March 3, 2025, which is available on the on the SEC's website, www.sec.gov, and other documents filed or furnished to the SEC. Any forward-looking statement made in this press release speaks only as of the date hereof. References and links to websites have been provided as a convenience and the information contained on such websites is not incorporated by reference into this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261972
FAQ
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