Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
On August 17, 2026, Eco Wave Power
Global AB (publ) (the “Company”) issued a press release titled “Eco Wave Power Reports Increased Power Output During
Stronger Wave Conditions at Jaffa Port, Israel” a copy of which is furnished as Exhibit 99.1 with this Report of Foreign Private
Issuer on Form 6-K.
The first through fifth paragraphs,
the seventh through ninth paragraphs, the eleventh and twelfth paragraphs, the fourteenth and fifteenth paragraphs, and the seventeenth
through nineteenth paragraphs, and the section titled “Forward-Looking Statements,” in the press release included as Exhibit
99.1 hereto are incorporated by reference into the Company’s Registration Statements on Form F-3 (Registration Nos. 333-275728
and 333-282101)
filed with the Securities and Exchange Commission to be a part thereof from the date on which this Report of Foreign Private Issuer on
Form 6-K is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1
Eco Wave Power Reports Increased Power Output
During Stronger Wave Conditions at Jaffa Port, Israel
May Peak Power Reaches 39.1 kW as Grid-Connected
Wave Energy Station Continues to Demonstrate Strong Reliability
Tel Aviv, Israel – August 17, 2026
– Eco Wave Power Global AB (publ) (Nasdaq: WAVE) (“Eco Wave Power” or the “Company”), a leading onshore
wave energy technology company, today announced April and May 2026 production results from its grid-connected EWP-EDF One wave energy
power station at Jaffa Port, Israel, demonstrating increased electricity generation and higher peak power output during stronger wave
conditions.
For its monthly production reporting, Eco Wave
Power focuses on periods in which wave heights exceed approximately 1 meter, as these conditions are considered particularly relevant
to the performance parameters expected at the Company’s planned commercial-scale projects.
During April 2026, Jaffa Port experienced
three days with wave heights ranging between approximately 1 and 1.5 meters. During these wave conditions, the power station generated
approximately 461 kWh of clean electricity, with peak power production reaching 26.2 kW.
During May 2026, the site experienced four
days with wave heights ranging between approximately 1 and 2 meters. During these conditions, the power station generated approximately
1,004 kWh of clean electricity—more than double the electricity generated during the comparable wave conditions reported
for April. Peak power production reached 39.1 kW, while the station achieved an average power output of approximately 10.45
kW during the relevant operating periods.
Most of the electricity generated by the project
is exported directly into Israel’s national electricity grid under a Power Purchase Agreement with the Israel Electric Corporation
(“IEC”), while a portion is used for on-site self-consumption.
Higher Wave Conditions Demonstrate Increased
Power Potential
The April and May results add to the growing body
of real-world operational data generated by Eco Wave Power’s grid-connected technology under different sea conditions.
In February 2026, when wave heights reached
approximately 3 meters, the Jaffa Port system achieved an average power output of approximately 20 kW, with peak power production
reaching approximately 54 kW.
The results recorded to date demonstrate a progression
in peak power output during increasingly energetic wave conditions:
April: waves of approximately 1–1.5
meters – peak power of 26.2 kW
May: waves of approximately 1–2 meters
– peak power of 39.1 kW
February: waves reaching approximately
3 meters – peak power of approximately 54 kW
The Company believes this growing dataset provides
valuable insight into the relationship between wave conditions and electricity production and supports continued optimization of the technology
ahead of larger commercial deployments.
Continued Operational Reliability
Since the beginning of 2025, the Jaffa Port power
station has maintained zero downtime attributable to the Eco Wave Power system, continuing to demonstrate the reliability of the
Company’s onshore wave energy technology.
Eco Wave Power’s technology is designed
so that the majority of the energy conversion equipment is installed on existing coastal infrastructure, while only the floaters interact
directly with the waves. The Company believes this approach can provide advantages in accessibility, maintenance and scalability compared
with technologies that locate the majority of their equipment offshore.
Pilot-Scale Validation Supporting Commercial
Deployment
The EWP-EDF One project at Jaffa Port is a pilot-scale
demonstration array, consisting of a limited number of small-scale floaters. The project is designed primarily to validate continuous
operation, system durability and real-world energy production performance, while generating high-quality operational data to support future
commercial-scale deployments.
The performance data collected to date further
supports the Company’s ongoing evaluation of the scalability of Eco Wave Power’s proprietary technology. Future commercial
projects are expected to utilize significantly larger floaters and a substantially greater number of units, configurations designed
to increase energy capture and deliver a more powerful and stable production profile compared with the current pilot-scale installation.
Using Real-World Data to Advance AI-Enabled
Wave Energy
Eco Wave Power is utilizing the growing operational
dataset generated at Jaffa Port to further optimize its technology and support the development of larger commercial installations.
The Company is working on the integration of artificial
intelligence, predictive analytics and digital twin technologies into its wave energy platform, with the goal of optimizing electricity
production, improving predictive maintenance and enabling increasingly intelligent management of future commercial wave energy installations.
The Company believes the combination of real-world
operating data and AI-driven optimization can become particularly valuable as Eco Wave Power advances from pilot-scale installations toward
projects with significantly larger installed capacities.
Inna Braverman, Founder and Chief Executive
Officer of Eco Wave Power, commented:
“We specifically analyze wave conditions
above approximately one meter because these are particularly relevant to the commercial projects we are pursuing around the world. Every
month of operation gives us additional real-world information that can be incorporated into our AI models, digital twins and predictive
maintenance systems as we optimize the technology for larger commercial installations.”
About Eco Wave Power Global AB (publ)
Eco Wave Power Global (Nasdaq: WAVE) is a pioneering
onshore wave energy company that converts ocean and sea waves into clean, reliable and cost-efficient electricity using its patented technology.
By generating renewable power from existing coastal
infrastructure such as breakwaters, jetties and piers, Eco Wave Power enables sustainable electricity production in close proximity to
coastal cities, ports and energy-intensive infrastructure.
As global electricity demand continues to increase,
driven in part by the rapid expansion of artificial intelligence, data centers and digital infrastructure, Eco Wave Power is positioning
its technology as a scalable coastal renewable energy solution capable of contributing to next-generation power requirements.
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 has deployed
its wave energy technology at the Port of Los Angeles, in collaboration with Shell Marine Renewable Energy.
Eco Wave Power is advancing additional projects
internationally, including in Portugal, Taiwan and India.
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
Press inquiries:
info@ecowavepower.com
Note: Information available on or through the
websites mentioned herein does not form part of this press release.
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 (NASDAQ: WAVE) is using forward-looking statements in this press release when it discusses
the belief that the growing dataset provides insight into the relationship between wave conditions and electricity production and supports
continued optimization of the technology ahead of larger commercial deployments; the view that its onshore technology can provide advantages
in accessibility, maintenance and scalability compared with technologies that locate the majority of their equipment offshore; expectations
that future commercial projects will utilize significantly larger floaters and a substantially greater number of units designed to increase
energy capture and deliver a more powerful and stable production profile compared with the current pilot-scale installation; the Company’s
work on integrating artificial intelligence, predictive analytics and digital twin technologies into its wave energy platform with the
goal of optimizing electricity production, improving predictive maintenance and enabling increasingly intelligent management of future
commercial installations; and the belief that the combination of real-world operating data and AI-driven optimization can become particularly
valuable as the Company advances from pilot-scale installations toward projects with significantly larger installed capacities. 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, 2025 filed with
the SEC on March 12, 2026, which is available 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.
