Welcome to our dedicated page for Eco Wave Power Global Ab (Publ) news (Ticker: WAVE), a resource for investors and traders seeking the latest updates and insights on Eco Wave Power Global Ab (Publ) stock.
Eco Wave Power Global AB (publ) develops onshore wave energy technology that converts ocean and sea waves into electricity using proprietary floaters installed on existing coastal infrastructure such as breakwaters, jetties and piers. News about WAVE commonly covers production results from the EWP-EDF One project at Jaffa Port, Israel, technology updates, financial results and corporate presentations by the foreign issuer.
Recurring updates also address the completed wave energy pilot at the Port of Los Angeles in collaboration with Shell Marine Renewable Energy, project-development activity in international markets, and the company's positioning of wave power alongside AI-driven energy infrastructure and digital modeling applications.
Eco Wave Power Global AB (Nasdaq: WAVE) announced that founder and CEO Inna Braverman will speak at the University of Haifa's Art and Science reception on September 15, 2022, at 6 PM NYC time. The event, hosted by philanthropist Tzili Charney, will feature remarks from dignitaries including Ambassador Asaf Zamir and Tel Aviv Mayor Ron Huldai. Braverman, who recently received an honorary fellowship from the university, will also attend the CODE Conference in Los Angeles and Calcalist's Mind the Tech NY Conference later in September.
Eco Wave Power Global AB (WAVE) announced that CEO Inna Braverman will speak at Calcalist's Mind the Tech NY Conference on September 14-15, 2022, in New York City. This event unites top tech leaders from Israel and the U.S. for critical discussions. Braverman will participate in an exclusive Women Entrepreneurship Roundtable, sharing insights from her journey with Eco Wave Power. The company is known for its innovative wave energy technology and has significant projects in its pipeline, including a grid-connected project in Israel.
Eco Wave Power, listed on Nasdaq as WAVE, announced that CEO Inna Braverman will speak at the prestigious Code Conference from September 6-8, 2022, in Los Angeles. This conference attracts top leaders in tech and sustainability, including Amazon's Andy Jassy and Apple's Tim Cook. Braverman will participate in a panel focused on climate technology, sharing insights on harnessing wave energy, which could potentially generate 66% of U.S. electricity. The company is advancing with projects in Israel and Los Angeles, aiming to combat climate change through innovative wave energy solutions.
Eco Wave Power Global AB (WAVE) announced a Feed-in Tariff (FIT) established by the Israeli Electric Authority for its EWP-EDF One Project at the Port of Jaffa. This marks Israel's first-ever wave-generated electricity connecting to the national grid. The project is co-funded by EDF Renewables IL and the Israeli Energy Ministry, which recognized the technology as pioneering. Additionally, Eco Wave will begin installing its wave energy technology at AltaSea in Los Angeles and holds agreements for projects in Spain and Portugal, growing its project pipeline to 327.7 MW.
The annual general meeting of Eco Wave Power Global AB was held on June 30, 2022, where several resolutions were passed. Key decisions included adopting the 2021 profit and loss statement without dividend distribution, re-electing board members, and approving SEK 900,000 in board fees. Two authorizations for capital increases were granted in light of potential takeover bids. Also, changes were made to warrant terms, extending their exercise period to 2032 and 2027. The meeting emphasized Eco Wave Power's commitment to green energy and its ongoing initiatives.
Eco Wave Power has joined 150 companies, collectively worth 1 trillion euros, at the UN Ocean Conference in Cascais, Portugal. By signing the UN Global Compact Sustainable Ocean Principles, Eco Wave Power commits to integrate ocean sustainability into its strategy. The event underscores the private sector's role in supporting Sustainable Development Goal 14, emphasizing the importance of healthier oceans for food security and climate mitigation.
Eco Wave Power announced that its Founder and CEO, Inna Braverman, will speak at The Atlantic's The Next Scientific Revolution event on June 28, 2022, in New York. The event will focus on scientific advancements and their implications for a sustainable future. Braverman will participate in a panel discussing energy solutions for a greener tomorrow, alongside other innovators. Eco Wave Power specializes in transforming ocean waves into renewable energy and is recognized for its pioneering technology in this field. Registration is free and available online.
Eco Wave Power Global AB (Nasdaq: WAVE) released its Annual Report 2021, detailing advancements in wave energy technology aimed at combating climate change. The company is recognized as a Pioneering Technology by the Israeli Ministry of Energy and has secured funding from the EU for its Gibraltar project. The report highlights the company's commitment to green electricity production and its accolades, including the Global Climate Action Award from the United Nations. The full report is accessible in both English and Swedish.
On June 2, 2022, Inna Braverman, CEO of Eco Wave Power (WAVE), presented at the Israel-Greece Conference, discussing innovative wave energy technology. She highlighted plans for a 1 MW project in Halki, Greece, aiming for a 100% renewable energy status. The project is co-funded by the EU's NESOI program. Braverman emphasized that wave energy could supply 10% of Europe's electricity by 2050 and outlined future projects in Israel and the U.S. Eco Wave Power is recognized for its pioneering technology, contributing to climate change solutions.
Eco Wave Power Global AB (Nasdaq: WAVE) has called its annual general meeting to be held on June 30, 2022, with postal voting as the only method for participation. Shareholders must register by June 21, 2022, and submit votes by June 29, 2022. The agenda includes the approval of financial statements, election of board members, and authorizations for share capital increases. Notably, no dividend will be paid for 2021, and amendments to warrant terms are proposed. Details will be confirmed post-AGM.