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 (NASDAQ: WAVE) reported February 2026 production at its EWP-EDF One pilot in Jaffa Port, Israel. The system operated about nine days under 1–2 m waves and generated ~2,000 kWh.
During a 3-meter wave event the pilot reached an average production of ~20 kWh and a peak of 56.7 kW, the highest site outputs to date, with zero downtime since early 2025.
Eco Wave Power (NASDAQ: WAVE) was highlighted in a U.S. Department of Energy national laboratory report on February 19, 2026, promoting Coastal Structure Integrated Wave Energy Converters (CSI-WECs) as lower-risk, dual-use assets. The report cites 2,640 TWh theoretical U.S. potential, ~14% hardened coastline, and payback estimates of 5–6 years.
The analysis notes scalability from microgrids to grid-level generation and identifies Puerto Rico, Hawaii, Pribilof Islands, and Humboldt Bay as high-potential sites where Eco Wave performed preliminary analyses.
Eco Wave Power (NASDAQ: WAVE) completed a feasibility study for a potential onshore wave energy power station at the Port of Ngqura, South Africa, with encouraging results.
The study indicates technical potential to deploy approximately 8.3 MW of installed capacity on the port's breakwater, subject to further development, permitting and partner review. AGFDL will evaluate next steps including project structuring and regulatory pathways. The study strengthens Eco Wave Power's international pipeline alongside its operating Jaffa Port plant and projects in the US, Portugal, Taiwan and India.
Eco Wave Power (NASDAQ: WAVE) reported that its EWP-EDF One pilot at Jaffa Port generated more than 2,300 kWh during ~11 days in January 2026 with wave heights of 1–2 meters. The company said the system has recorded zero downtime since early 2025.
The pilot array of small-scale floaters validated continuous operation and durability, producing operational data to inform larger commercial deployments in Israel, the U.S., Taiwan, India and Portugal.
Eco Wave Power (NASDAQ: WAVE) signed a Letter of Intent with UK-based Wavefront Asset Management to explore structured equipment financing and leasing for global wave energy projects. The non-binding LOI has a 36-month initial term and contemplates financing that may cover up to 100% of equipment costs, potentially including installation and staged payments. Wavefront may acquire Company equipment and lease it to customers under medium-term finance leases, subject to customary due diligence and credit approvals, to support the move from pilot projects to commercial-scale deployments.
Eco Wave Power (NASDAQ: WAVE) advanced its 1 MW Porto, Portugal wave energy project by completing a metocean wave and loads assessment with MetOcean Consult and submitting the full execution plan to APDL on January 8, 2026.
The project is the first megawatt-scale installation under the company's 20 MW concession with APDL. Eco Wave Power paid the first installment equal to 50% of the grid connection fee and secured formal acceptance of grid connection conditions with E-REDES. A tentative grid connection target in 2026 remains subject to final regulatory approvals and further scheduling with APDL.
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.
Eco Wave Power (NASDAQ: WAVE) reported Q3 2025 progress and a nine-month financial update while launching its first U.S. onshore wave energy project.
Key facts: on Sept 9, 2025 Eco Wave Power launched the Port of Los Angeles pilot (partners: AltaSea, Shell MRE) and earned TIME Best Inventions 2025 recognition. Q3 operating expenses were $888k (+8% QoQ) and net loss for Q3 fell 28% QoQ to $996k. Nine-month operating expenses were $2.48M and nine-month net loss rose to $2.888M. Cash and short-term deposits: $6.85M at Sept 30, 2025.
Other milestones: Taiwan tender and 100kW pilot (planned 20MW medium term), Portugal 1MW plant planned for 2026 grid connection, India MoU with BPCL, R&D hub operations in Israel, and MetOcean work for South Africa.
Eco Wave Power (NASDAQ: WAVE) announced its AltaSea wave energy pilot at the Port of Los Angeles was named to TIME's Best Inventions of 2025, one of 300 global innovations recognized for originality, efficacy, ambition, and impact.
The Los Angeles pilot is described as the first onshore wave energy installation in the U.S., developed with Shell Marine Renewable Energy and hosted at AltaSea, demonstrating patented floaters on marine infrastructure for scalable, grid-connected deployment.
The company noted prior success with Israel's first grid-connected wave station and a growing project pipeline of 404.7 MW.
Eco Wave Power (NASDAQ: WAVE) hosted U.S. Congresswoman Nanette Barragán at its AltaSea onshore pilot station in the Port of Los Angeles on October 7, 2025. The visit highlighted the pilot as the first onshore wave energy installation in the U.S. and showcased the company's technology that mounts wave converters on existing marine infrastructure to produce predictable, scalable electricity.
Barragán promoted her $1 billion Marine Energy Technologies Acceleration Act to accelerate marine energy R&D and deployment. Company leadership said the pilot demonstrates commercial readiness and potential gigawatt-scale opportunity along California coastlines, stressing federal support and investor interest for scaling.