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0.0139303482587065 0.0254726368159204 0.0254726368159204 0.0139303482587065 0.0318009950248756 -0.0547263681592041 -0.0278606965174129 -0.0447761194029852
Stock impact report

Eco Wave Power Reaches Key Milestone in Portuguese Wave Energy Project, Paving the Way for a 2026 Launch and Global Expansion

Eco Wave Power Global AB (publ) - American Depositary Shares (WAVE) 
Company Research Source: PR Newswire
PORTO, Portugal, Jan. 13, 2025 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leader in the onshore wave energy technology sector, is pleased to announce that it has engaged MOQ Engineering ("MOQ"), a renowned Portuguese engineering firm, to perform the final design and load calculations for its pioneering wave energy project in Porto, Portugal. This work represents a key milestone in the project's advancement and positions the project for a targeted launch during 2026.The project is a part of a 20 MW Concession Agreement entered into with Administração dos Portos do Douro, Leixões e Viana do Castelo, S.A. (APDL), which is located in the city of Porto. It will feature Eco Wave Power's proprietary wave energy technology and includes a first-of-its-kind underwater wave energy museum and education centre, set to be housed in "The Gallery" – the room underneath the breakwater where the Company's energy conversion equipment will be ins Show less Read more
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