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Stock impact report

Consortium including Eco Wave Power, Toshiba, Hitachi Energy, and UK Universities Secure £1.5 Million Grant to Develop Wave-Powered Microgrid for Island in Thailand

Eco Wave Power Global AB (publ) - American Depositary Shares (WAVE) 
Company Research Source: PR Newswire
Innovate UK's Energy Catalyst Program Grant to Fund the Development of EWP Onshore Wave Energy Converters to Supply Power to Remote IslandTEL AVIV, Israel, Feb. 8, 2024 /PRNewswire/ -- Eco Wave Power Global (Nasdaq: WAVE) ("Eco Wave Power" or the "Company" or "EWP"), a leading, publicly traded onshore wave energy company, is pleased to announce that  it has won a £1.5 million grant (the "Grant") as part of a consortium led by Toshiba (U.K.) and Aquatera (U.K.) to design a pilot microgrid project for a remote island in Thailand.The £1.5 million grant is part of Innovate UK's Energy Catalyst program Round 10, which supports U.K. and international businesses and organizations in developing market-focused technologies that provide clean, affordable and accessible energy.. The consortium is led by Toshiba Europe Limited  ("Toshiba") ,  Aquatera Ltd ("Aquatera") and also includes Hitachi Energy Ltd. ("Hitachi") and teams from the University of Manchester, the University of Exeter, the Asian Show less Read more
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