Eco Wave Power Global AB (NASDAQ: WAVE), a leader in onshore wave energy technology, announced that its EWP-EDF One pilot project at Jaffa Port in Israel produced more than 1,200 kWh of renewable electricity during March 2026. The output was achieved with approximately six days of moderate wave conditions ranging from 1 to 2 meters, highlighting the system's efficiency in converting common sea states into power. This performance reinforces the technology's potential as a reliable energy solution for coastal infrastructure and AI-driven data center demand, while maintaining stable, zero-downtime operations since early 2025.
The results come at a time when global electricity demand is rising due to growth in artificial intelligence, digital infrastructure, and next-generation data centers. Eco Wave Power's technology generates renewable power directly from existing coastal structures such as breakwaters, jetties, and piers, enabling sustainable electricity production near shorelines where many data centers, industrial facilities, and population centers are located. As noted in the press release, the company's mission is to accelerate the global transition to renewable energy while supporting digital and industrial infrastructure.
Eco Wave Power developed and operates Israel's first grid-connected wave energy power station, recognized as a “Pioneering Technology” by the Israeli Ministry of Energy and co-funded by EDF Power Solutions. In the United States, the company recently launched the first-ever onshore wave energy pilot station at the Port of Los Angeles in collaboration with Shell Marine Renewable Energy. Internationally, Eco Wave Power is expanding with projects planned in Portugal, Taiwan, and India, representing a project pipeline of 404.7 MW. The company has received support from organizations including the European Union Regional Development Fund, Innovate UK, and the EU Horizon 2020 program, and was honored with the United Nations Global Climate Action Award.
The successful March production underscores the reliability of Eco Wave Power's patented technology, which has operated without downtime since early 2025. This consistency is critical for integrating wave energy into the grid and meeting the power needs of coastal communities and high-energy users like data centers. For more details, the full press release is available at https://ibn.fm/oBa1x.
Eco Wave Power's American Depositary Shares trade on the Nasdaq Capital Market under the ticker symbol “WAVE.” Additional information about the company can be found at www.ecowavepower.com. This announcement was disseminated by GreenEnergyStocks, a platform focused on companies shaping the future of the green economy. GreenEnergyStocks is part of the Dynamic Brand Portfolio @ IBN, which provides communication solutions including wire distribution, editorial syndication, and social media outreach.
