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Eco Wave Power Global AB (publ) (WAVE)
Nasdaq · Transportation, Communications & Utilities · Electric Services
Core research established · 4/4 core data layers currently established
What Eco Wave Power Global AB (publ) does
A. History and Development of the Company. We are a wave energy company primarily engaged in the development of a smart and cost-efficient WEC, technology that converts ocean and sea waves into clean electricity. Our corporate mission is to revolutionize energy production with our proprietary wave technology, and to become a leader in the renewable energy industry, which, according to an analysis by Frost & Sullivan, is expected to see $3.4 trillion in new investment in the next decade. Our WEC technology is implemented onshore or nearshore, as opposed to offshore systems, and draws energy from incoming waves by converting the rising and falling motion of the waves into a clean energy generation process. We were incorporated in Sweden in 2019.
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