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Eco Wave Power Global ( (WAVE) ) has provided an update.
Eco Wave Power Global has announced the successful closing of a $3.0 million registered direct offering, aimed at advancing its wave energy projects, including the first commercial-scale installation in Portugal. This financial move supports the company’s global expansion strategy and enhances its positioning as an innovator in sustainable energy, potentially benefiting stakeholders by accelerating the deployment of its groundbreaking wave energy technology.
More about Eco Wave Power Global
Eco Wave Power is a leading onshore wave energy company that provides innovative and cost-efficient technology to convert ocean and sea waves into sustainable electricity. The company operates the first grid-connected wave energy system in Israel and is expanding its projects globally, including locations such as the Port of Los Angeles, Taiwan, and Portugal. Supported by prestigious institutions like the European Union Regional Development Fund and recognized with awards like the United Nations’ Global Climate Action Award, Eco Wave Power is dedicated to revolutionizing clean energy and combating climate change.
YTD Price Performance: 1161.29%
Average Trading Volume: 95,474
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $86.79M
Find detailed analytics on WAVE stock on TipRanks’ Stock Analysis page.
