Eco Wave Power Global (WAVE) Sector

(Current) $1.39
0.11 (8.59%) Open Price: 1.39

Eco Wave Power Global is a renewable energy company that specializes in wave energy technology. The company was founded in 2011 by Inna Braverman and David Leb. Its primary focus is harnessing the energy from ocean waves and converting it into clean electricity, offering a sustainable and eco-friendly solution to meet the world's increasing energy demands.

The company's innovative technology involves floating structures that are installed on existing structures, such as breakwaters, piers, and jetties, to capture the kinetic energy of waves. As the waves move the structure, it generates hydraulic pressure, which is then converted into electricity through a hydraulic system and power take-off units. This unique approach allows Eco Wave Power to produce electricity without building new infrastructure, making it a cost-effective and environmentally friendly solution.

Eco Wave Power has implemented several successful projects worldwide, including installations in Gibraltar, Israel, and Sweden. These projects have demonstrated the effectiveness and reliability of their wave energy technology in generating clean and sustainable power.

The company continues to pursue partnerships and collaborations with governments, utilities, and other organizations to expand its renewable energy projects and contribute to global efforts to combat climate change. Their technology offers a promising avenue for harnessing the vast energy potential of ocean waves and creating a more sustainable future.

(03/01/24) $1.39
(03/02/24) $1.28
(03/02/24) (Qty.)9,218
(03/01/24) $1.28
(03/01/24) $1.42
(12/17/23) $1.01
(03/05/23) $3.60
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