Eco Wave Power Reports Strong December 2025 Wave Energy Performance at Jaffa Port, Reinforcing Scalability of Its Wave Energy Technology
Rhea-AI Summary
Eco Wave Power (NASDAQ: WAVE) reported strong December 2025 performance at its pilot EWP-EDF One wave energy array in Jaffa Port, Israel. During approximately 12 days with 1–2 meter waves the system produced over 2,000 kWh of renewable electricity, and the array has recorded zero downtime since the start of 2025 under wave conditions ≥1 meter. The release frames the station as a pilot-scale demonstration validating continuous operation, robustness, and scalability toward larger commercial deployments. The company also noted a September 2025 project launch at AltaSea, Port of Los Angeles, following required regulatory approvals including a federal license.
Positive
- Produced over 2,000 kWh in December 2025 across ~12 days
- Recorded zero downtime at Jaffa Port since start of 2025
- Received required regulatory approvals, including a federal license, for AltaSea Port of Los Angeles project
Negative
- EWP-EDF One is a pilot-scale array with a limited number of small floaters, not a commercial installation
- Reported results are short-term (≈12 days in December) and do not yet demonstrate sustained commercial-scale output
News Market Reaction
On the day this news was published, WAVE gained 1.48%, reflecting a mild positive market reaction. This price movement added approximately $512K to the company's valuation, bringing the market cap to $35M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
WAVE was up 0.82% pre-news, while close renewables peers showed mixed moves: NXXT up 5.36%, VGAS up 3.14%, and SUUN, ELLO, NRGV down between about -0.79% and -5.63%. Momentum scanner only flagged BNRG at -7.30% with no news. This mix points to stock-specific rather than sector-driven trading.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 12 | Earnings & projects | Positive | -1.7% | Q3 2025 results, first U.S. project launch, expanded global pipeline. |
| Oct 14 | Recognition news | Positive | +2.1% | AltaSea project named to TIME’s Best Inventions of 2025 list. |
| Oct 07 | Policy support | Positive | +10.3% | Congresswoman visit and call for $1B federal marine energy funding. |
| Sep 16 | Tech partnership | Positive | -5.6% | Launch of drone-powered maintenance to cut operational costs. |
| Sep 10 | Project launch | Positive | +5.3% | Historic first U.S. onshore wave energy project at Port of Los Angeles. |
Recent news has been mostly positive, but price reactions are mixed: strong policy and milestone headlines often aligned with gains, while some operational or partnership updates saw negative reactions.
Over the past months, WAVE reported multiple milestones, including the first U.S. onshore wave project at the Port of Los Angeles and recognition on TIME’s Best Inventions list. Financially, Q3 2025 showed operating expenses of $888k and a net loss of $996k, with nine‑month cash at $6.85M. The company has highlighted a project pipeline including a 1MW Portugal plant and medium‑term 20MW plans in Taiwan. Today’s Jaffa Port performance update continues this theme of technical validation and global project build‑out.
Market Pulse Summary
This announcement highlights consistent 2025 uptime at Jaffa Port and more than 2,000 kWh generated over about 12 days of moderate waves, reinforcing Eco Wave Power’s claim of scalable, grid-compatible wave technology. In context of prior launches in Los Angeles, Taiwan, India, and Portugal, it extends a narrative of global build‑out rather than financial transformation. Investors may watch future updates for larger commercial arrays, revenue traction, and how project performance links to improved quarterly results.
Key Terms
kWh technical
capacity factors technical
Form 6-K regulatory
Form F-3 regulatory
AI-generated analysis. Not financial advice.
Tel Aviv, Israel--(Newsfile Corp. - January 12, 2026) - Eco Wave Power Global AB (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a global leader in onshore wave energy technology, is pleased to report strong wave energy production performance at its EWP-EDF One wave energy project at Jaffa Port, Israel, during December 2025.
Since the beginning of 2025, the EWP-EDF One system at Jaffa Port has maintained zero downtime, with stable operation recorded in wave conditions of 1 meter and above. During December 2025, over approximately 12 days characterized by moderate wave heights ranging between 1 and 2 meters, the project produced over 2,000 kWh of clean, renewable electricity.
These results further demonstrate the system's ability to generate energy reliably under real-world sea conditions and provide valuable operational data supporting the continued advancement of wave energy technology.
Jaffa port station during storm
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11247/280034_6b617277a47e681b_001full.jpg
The EWP-EDF One project at Jaffa Port is a pilot-scale demonstration array, consisting of a limited number of small-scale floaters, designed primarily to validate continuous operation, system robustness, and real-world energy production under varying sea conditions. The strong performance recorded during December 2025 confirms the scalability potential of Eco Wave Power's proprietary technology and supports the Company's transition toward larger, commercial-scale deployments.
Future commercial projects are planned to utilize larger floaters and a significantly higher number of units, a configuration expected to materially enhance energy capture, improve capacity factors, and deliver a substantially more powerful and stable production profile compared to pilot installations. These results reinforce the role of wave energy as a predictable and complementary renewable energy source in suitable coastal locations.
Eco Wave Power's continued success at Jaffa Port highlights the Company's commitment to advancing wave energy from demonstration to commercial application, while systematically collecting performance data to optimize future project designs.
In parallel with its activities in Israel, Eco Wave Power continues to expand its global footprint. In September 2025, the Company successfully launched and inaugurated its wave energy project at AltaSea in the Port of Los Angeles, developed in collaboration with Shell MRE, following the receipt of all required regulatory approvals, including a federal license from the U.S. Army Corps of Engineers. In addition, Eco Wave Power continues to advance projects in Taiwan, in collaboration with I-KE, in India- in collaboration with Fortune500 Bharat Petroleum, and in Portugal, where the Company is preparing to deploy its largest installation to date, using its proprietary technology in one of Europe's most dynamic marine energy environments.
"We are very encouraged by the performance of our EWP-EDF One project at Jaffa Port during December 2025," said Inna Braverman, CEO and Founder of Eco Wave Power. "While this system is a pilot installation, it continues to deliver important real-world performance data that directly informs our commercial designs. As we scale to larger floaters and expanded arrays, we expect to unlock a significantly stronger production profile and move wave energy closer to large-scale commercial deployment."
Eco Wave Power's innovative wave energy systems are designed to be efficient, scalable, and environmentally responsible, offering a sustainable alternative to conventional power generation. With projects operational and under development across multiple geographies, the Company continues to demonstrate that ocean waves can play an important role in building a resilient and diversified renewable energy future.
About Eco Wave Power Global AB (publ)
Eco Wave Power Global (NASDAQ: WAVE) is a pioneering onshore wave energy company that transforms the power of ocean and sea waves into clean, reliable, and cost-efficient electricity through its patented, intelligent technology.
With a mission to accelerate the global transition to renewable energy, Eco Wave Power 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. In the United States, the company recently launched the first-ever onshore wave energy pilot station at the Port of Los Angeles, in collaboration with Shell Marine Renewable Energy (Shell MRE).
Eco Wave Power is expanding rapidly worldwide, with upcoming projects in Portugal, Taiwan, and India, representing a robust project pipeline of 404.7 MW under development. The company has received international recognition and support from organizations including the European Union Regional Development Fund, Innovate UK, and the EU Horizon 2020 program, and was honored with the United Nations Global Climate Action Award.
Eco Wave Power's American Depositary Shares (ADSs) are traded on the Nasdaq Capital Market under the ticker 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 larger floaters and a significantly higher number of units as a configuration expected to materially enhance energy capture, improve capacity factors, and deliver a substantially more powerful and stable production profile compared to pilot installations and when it discusses its expectation that the Company expects to unlock a significantly stronger production profile and move wave energy closer to large-scale commercial deployment. 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/280034
FAQ
What did Eco Wave Power (WAVE) report for December 2025 at Jaffa Port?
How significant is the December 2025 2,000 kWh output for WAVE shareholders?
Does Eco Wave Power (WAVE) have regulatory approvals for U.S. projects?
What does Eco Wave Power (WAVE) say about scaling to commercial deployments?
Which other markets is Eco Wave Power (WAVE) advancing projects in as of January 12, 2026?
