Eco Wave Power Initiates Groundbreaking Wave Energy Project
Company Announcements

Eco Wave Power Initiates Groundbreaking Wave Energy Project

Eco Wave Power Global (WAVE) has released an update.

Eco Wave Power Global AB has launched its pioneering MW-scale wave energy project in Porto, Portugal, which includes a unique underwater wave energy museum. This milestone aligns with a 20 MW Concession Agreement and is part of Portugal’s ambitious renewable energy goals, aiming to produce 85% of electricity from renewables by 2030. The project is expected to be a significant step towards global commercialization of wave energy technology, while also contributing to local job creation and industry innovation.

For further insights into WAVE stock, check out TipRanks’ Stock Analysis page.

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