Eco Wave Power Hits Major U.S. Milestone as Floaters Installation Concludes Ahead of September 9 Project Unveiling
Eco Wave Power (NASDAQ: WAVE) has completed the installation of floaters for its first U.S. wave energy pilot project at the Port of Los Angeles, ahead of its official unveiling on September 9, 2025. The demonstration project, supported by Shell's Marine Renewable Program and hosted by AltaSea, will convert wave motion into clean electricity using the company's patented technology.
The project involves collaboration with local contractors including All-Ways Metal and C&S Welding Inc. Key objectives include environmental impact studies, material testing, and gaining experience with U.S. licensing processes. The technology features a modular design that leverages existing coastal infrastructure, with floaters mounted on marine structures connected to a land-based conversion unit.
Eco Wave Power (NASDAQ: WAVE) ha completato l'installazione dei galleggianti per il suo primo progetto pilota di energia dalle onde negli Stati Uniti, presso il Porto di Los Angeles, in vista della presentazione ufficiale prevista per il 9 settembre 2025. Il progetto dimostrativo, sostenuto dal Programma Marine Renewable di Shell e ospitato da AltaSea, trasformerà il movimento delle onde in energia elettrica pulita grazie alla tecnologia brevettata dall'azienda.
Il progetto prevede la collaborazione con appaltatori locali come All-Ways Metal e C&S Welding Inc. Gli obiettivi principali includono studi sull'impatto ambientale, test sui materiali e l'acquisizione di esperienza nei processi di autorizzazione negli Stati Uniti. La tecnologia si basa su un design modulare che sfrutta le infrastrutture costiere esistenti, con i galleggianti montati su strutture marine collegati a un'unità di conversione terrestre.
Eco Wave Power (NASDAQ: WAVE) ha completado la instalación de los flotadores para su primer proyecto piloto de energía undimotriz en Estados Unidos, en el Puerto de Los Ángeles, antes de su presentación oficial el 9 de septiembre de 2025. El proyecto demostrativo, apoyado por el Programa de Energías Renovables Marinas de Shell y alojado por AltaSea, convertirá el movimiento de las olas en electricidad limpia utilizando la tecnología patentada de la compañía.
El proyecto implica la colaboración con contratistas locales como All-Ways Metal y C&S Welding Inc. Los objetivos clave incluyen estudios de impacto ambiental, pruebas de materiales y la obtención de experiencia en los procesos de licenciamiento en Estados Unidos. La tecnología presenta un diseño modular que aprovecha la infraestructura costera existente, con flotadores montados en estructuras marinas conectadas a una unidad de conversión en tierra.
에코 웨이브 파워 (NASDAQ: WAVE)가 미국 최초의 파도 에너지 파일럿 프로젝트를 위해 로스앤젤레스 항구에 부유체 설치를 완료했으며, 공식 공개는 2025년 9월 9일에 예정되어 있습니다. 이 시범 프로젝트는 쉘의 해양 재생 에너지 프로그램의 지원을 받으며 AltaSea가 주최하고, 회사의 특허 기술을 활용해 파도 움직임을 청정 전기로 전환합니다.
이 프로젝트는 All-Ways Metal 및 C&S Welding Inc. 등 현지 계약업체와 협력하여 진행됩니다. 주요 목표는 환경 영향 평가, 재료 테스트, 미국 내 허가 절차 경험 축적입니다. 기술은 기존 해안 인프라를 활용하는 모듈형 설계를 특징으로 하며, 부유체는 해양 구조물에 장착되고 육상 변환 장치와 연결됩니다.
Eco Wave Power (NASDAQ : WAVE) a achevé l'installation des flotteurs pour son premier projet pilote d'énergie des vagues aux États-Unis, au port de Los Angeles, en vue de son lancement officiel le 9 septembre 2025. Ce projet de démonstration, soutenu par le programme Marine Renewable de Shell et accueilli par AltaSea, convertira le mouvement des vagues en électricité propre grâce à la technologie brevetée de l'entreprise.
Le projet implique une collaboration avec des entrepreneurs locaux tels que All-Ways Metal et C&S Welding Inc. Les objectifs principaux incluent des études d'impact environnemental, des tests de matériaux et l'acquisition d'expérience dans les procédures d'autorisation américaines. La technologie se caractérise par une conception modulaire qui exploite les infrastructures côtières existantes, avec des flotteurs montés sur des structures marines reliées à une unité de conversion terrestre.
Eco Wave Power (NASDAQ: WAVE) hat die Installation der Schwimmer für sein erstes US-Wellenenergie-Pilotprojekt im Hafen von Los Angeles abgeschlossen, bevor es am 9. September 2025 offiziell vorgestellt wird. Das Demonstrationsprojekt, unterstützt vom Marine Renewable Program von Shell und ausgerichtet von AltaSea, wandelt Wellenbewegungen mit der patentierten Technologie des Unternehmens in sauberen Strom um.
Das Projekt erfolgt in Zusammenarbeit mit lokalen Auftragnehmern wie All-Ways Metal und C&S Welding Inc. Zu den Hauptzielen zählen Umweltverträglichkeitsstudien, Materialtests und das Sammeln von Erfahrungen mit US-Lizenzierungsprozessen. Die Technologie zeichnet sich durch ein modulares Design aus, das bestehende Küsteninfrastrukturen nutzt, wobei die Schwimmer auf Meeresstrukturen montiert und mit einer landbasierten Umwandlungseinheit verbunden sind.
- First U.S. wave energy project milestone achieved ahead of schedule
- Strategic partnerships with Shell's Marine Renewable Program and AltaSea
- Local manufacturing and installation partnerships established
- Technology designed for minimal environmental impact and low maintenance
- Project currently limited to pilot/demonstration scale
- Still requires environmental impact studies and regulatory approvals
Insights
Eco Wave Power's completion of floater installation at Port of LA signals progress toward commercial-scale wave energy development in the U.S. market.
The successful installation of wave energy floaters at the Port of Los Angeles represents a significant operational milestone for Eco Wave Power's U.S. market entry strategy. This demonstration pilot is strategically important as it will provide critical validation data in actual marine conditions before potential commercial scaling.
The technical approach leverages existing coastal infrastructure - a key differentiator from other wave energy technologies that typically require costly standalone structures. This infrastructure-integrated design should translate to lower installation costs and reduced environmental footprint compared to conventional wave energy systems.
From an engineering perspective, the pilot addresses three critical validation requirements: environmental impact assessment, material durability testing, and regulatory pathway development. The company is wisely using this installation to navigate the complex U.S. permitting landscape, including engagement with the U.S. Army Corps of Engineers - experience that will prove valuable for future deployments.
The technology converts wave motion into electricity through a modular, low-maintenance system with land-based power conversion. This approach mitigates many challenges that have historically plagued wave energy development, including saltwater corrosion of electrical components and challenging offshore maintenance.
With Shell's Marine Renewable Program backing the project, Eco Wave Power gains both credibility and potential commercialization pathways through an established energy partner. The upcoming September unveiling will be watched closely by the renewable energy sector as a potential breakthrough in the long-challenged wave energy space.
Los Angeles, California--(Newsfile Corp. - July 28, 2025) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE), a leading onshore wave energy technology company, is pleased to announce the successful completion of floaters installation for its first U.S. wave energy project at the Port of Los Angeles. With this critical milestone achieved, the Company is moving full speed ahead toward the official unveiling on September 9, 2025, as planned.
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The Los Angeles project is a demonstration pilot, designed to validate Eco Wave Power's patented wave energy technology in real-world marine conditions. The pilot plays a strategic role in advancing Eco Wave Power's U.S. market entry-with key goals including:
Environmental impact studies in collaboration with relevant stakeholders
Material and floater durability testing to enhance long-term performance
Gaining experience in U.S. licensing and permitting process, including engagement with the U.S. Army Corps of Engineers and local port authorities
"This pilot is not just a technology showcase-it's a foundation for full-scale commercialization in the U.S.," said Inna Braverman, Founder and CEO of Eco Wave Power. "With all floaters installed and our energy conversion system installation underway, we're proud to demonstrate how existing coastal infrastructure can be leveraged for clean, reliable power from ocean waves."
The floaters were fabricated by All-Ways Metal, a California-based, woman-owned company, and installed by C&S Welding Inc., a Wilmington-based marine and industrial contractor known for its exemplary safety record and coastal infrastructure expertise.
"We're honored to be part of this groundbreaking project," said Ian Crichton, President of C&S Welding Inc. "Eco Wave Power's system is a practical, local solution to global energy challenges-and we're excited to contribute our capabilities to its U.S. debut."
Hosted by AltaSea at the Port of Los Angeles and supported by Shell's Marine Renewable Program, the project utilizes floaters mounted on existing marine structures, converting wave motion into clean electricity through a land-based conversion unit. The technology is modular, low-maintenance, and designed for minimal environmental impact-making it ideal for scalable deployments along coastlines and in port environments.
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 its 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/260288
FAQ
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