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Stock impact report

Eco Wave Power Chosen by a Major International Energy Company to Conduct Wave Energy Feasibility Studies for the U.S. Coastline

Eco Wave Power Global AB (publ) - American Depositary Shares (WAVE) 
Company Research Source: PR Newswire
TEL AVIV, Israel, April 8, 2024 /PRNewswire/ -- Eco Wave Power (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company"), today announced that it was selected by a major energy company (full name can be seen in the company's recent 20F report) to conduct a comprehensive feasibility study aimed at identifying the top locations for commercial onshore wave energy stations in the U.S. and across the globe, using its Eco Wave Power proprietary technology.Per the terms of the agreement, Eco Wave Power has initiated a three-month, in-depth feasibility study in the United States and key regions across the globe. The studies explore the best proposed implementation sites for commercial installations, and reviews 77 sites in-detail in the U.S. coastline, in terms of wave availability and compatible marine structures, with encouraging results, while also proposing a five and a ten years roadmap for wave energy commercialization."Wave energy can power communities with clean, reliable ener Show less Read more
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