Eco Wave Power Global AB (publ) has announced the successful operation of its onshore wave energy pilot station at AltaSea in the Port of Los Angeles, marking the first installation of its kind in the United States. The project aims to harness electricity from ocean waves using innovative technology installed on existing marine infrastructure such as breakwaters, piers, and jetties. During a recent visit, Congresswoman Nanette Barragán called for a $1 billion federal investment to accelerate marine energy technologies, highlighting the potential for California's coastlines to generate gigawatts of clean, reliable power. The AltaSea pilot project demonstrates the scalability and environmental benefits of wave energy, positioning it as a key component of the nation's renewable energy future.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eco Wave Power Global AB (publ) published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-096802), on October 07, 2025, and is solely responsible for the information contained therein.
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