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Stock impact report

Wave Energy Milestone: First Grid-Connected Array in the Middle East

Eco Wave Power Global AB (publ) - American Depositary Shares (WAVE) 
Company Research Source: PR Newswire
The Wave Energy Project of Eco Wave Power and EDF Renewables IL Formally Opened by:Israel's Minister of Energy and Infrastructure, Eli Cohen, Minister of Environmental Protection Idit Silman, the Mayor of Tel Aviv-Jaffa Ron Huldai, Now Exporting Electricity to Israel's Power Grid.TEL AVIV, Israel, Dec. 9, 2024 /PRNewswire/ -- Eco Wave Power Global AB (Nasdaq: WAVE) ('Eco Wave Power' or the 'Company'), a leading provider of onshore wave energy technology, is pleased to announce that the Israeli Project was officially 'switched-on' by Israel's Minister of Energy and Infrastructure, Eli Cohen, the Minister of Environmental Protection, Idit Silman, and the Mayor of Tel Aviv-Jaffa, Ron Huldai, and is now exporting electricity into Israel's power grid. The Israeli National Electric Company ('IEC') is the purchaser of all the clean energy produced by this innovative project.The Project is the only wave power plant anywhere in Middle East, operating under the terms of a Power Purchase Agreeme Show less Read more
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