EXCLUSIVE: Eco Wave Power, EDF Renewables IL And Tel Aviv Partner To Launch Israel's First Wave Energy Power Plant At Jaffa Port

Benzinga11-26

On Tuesday, Eco Wave Power Global AB (NASDAQ:WAVE) announced that Eco Wave Power and EDF Renewables IL, in collaboration with the Tel Aviv-Yafo Municipality and the municipal company Atarim, will ...

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This global project combines innovation, sustainability, and the fight against climate change.The launch marks a significant step toward reducing greenhouse gas emissions and advancing sustainable energy, reinforcing Tel Aviv-Yafo’s status as a global innovation leader.The event will include a formal inauguration by Tel Aviv-Yafo Mayor Ron Huldai and a reception at Warehouse 2 in Jaffa Port with senior energy officials, investors, and strategic partners.The Eco Wave Power project was built in collaboration with EDF Renewables Israel, supported by the Chief Scientist of the Ministry of Energy  and Tel Aviv-Yafo Municipality.This article EXCLUSIVE: Eco Wave Power, EDF Renew","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WAVE":"Eco Wave Power Global AB (publ)","BK4539":"次新股","PW":"Power REIT","BK4084":"特种房地产投资信托","BK4234":"特殊用途房地产信托","EDF":"Stone Harbor Emerging Markets In","BK4133":"新能源发电业者"},"translate_title":"独家：Eco Wave Power、EDF Renewables IL和特拉维夫合作在雅法港启动以色列第一座波浪能发电厂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EDF":1,"PW":1,"WAVE":0.9},"content_text":"On Tuesday, Eco Wave Power Global AB (NASDAQ:WAVE) announced that Eco Wave Power and EDF Renewables IL, in collaboration with the Tel Aviv-Yafo Municipality and the municipal company Atarim, will inaugurate Israel’s first pilot station for generating electricity from sea waves on Thursday, December 5, at Warehouse 2 in Jaffa Port. This global project combines innovation, sustainability, and the fight against climate change.\nThe launch marks a significant step toward reducing greenhouse gas emissions and advancing sustainable energy, reinforcing Tel Aviv-Yafo’s status as a global innovation leader.\nAlso Read: Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks\nThe event will include a formal inauguration by Tel Aviv-Yafo Mayor Ron Huldai and a reception at Warehouse 2 in Jaffa Port with senior energy officials, investors, and strategic partners.\nThe Eco Wave Power project was built in collaboration with EDF Renewables Israel, supported by the Chief Scientist of the Ministry of Energy (which recognized the company’s technology as “Pioneering Technology”) and Tel Aviv-Yafo Municipality.\nEco Wave Power founder and CEO Inna Braverman said the project at Jaffa Port represents a historic milestone in the global renewable energy journey, proving that sea waves can be a viable, clean, and consistent source of electricity.\nEDF Renewables Israel CEO Ayalon Vaniche said the partnership with Eco Wave led to the formation of a pilot that harnesses wave energy to produce clean electricity. EDF Group expressed its strong interest in assessing the potential of this new technology as part of its broad interest in marine energies.\nThe project is located within Atarim’s Blue Economy Innovation Hub at the Jaffa Port, alongside other cutting-edge marine innovation technologies.\nEco Wave Power founder and CEO Inna Braverman leads the company and the project. Braverman is a graduate of the “Women for Climate” program by the international C40 Cities organization, which Tel Aviv-Yafo is a member of. \nThe Women for Climate program empowers women to lead environmental and sustainability projects addressing urban climate challenges. \nPrice Action: WAVE stock closed higher by 14.7% at $11.57 on Monday.\nAlso Read:\n\nApple $100 Million Proposal Rejected As Indonesia Maintains iPhone Ban\n\nUNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.\nGet the latest stock analysis from Benzinga?\n\nThis article EXCLUSIVE: Eco Wave Power, EDF Renewables IL And Tel Aviv Partner To Launch Israel's First Wave Energy Power Plant At Jaffa Port originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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