Eco Wave Power Global AB reported that its EWP-EDF One pilot project at Jaffa Port in Israel generated more than 1,200 kWh of renewable electricity during March 2026. The production occurred during approximately six days of moderate wave conditions ranging from 1 to 2 meters, highlighting the system's ability to efficiently convert commonly occurring sea states into power. These results reinforce the technology's potential as a reliable energy solution for coastal infrastructure and AI-driven data center demand while continuing to demonstrate stable, zero-downtime operations since early 2025.
The company's onshore wave energy technology converts ocean and sea waves into clean, reliable, and cost-efficient electricity using patented intelligent systems. By generating renewable power directly from existing coastal infrastructure such as breakwaters, jetties, and piers, Eco Wave Power enables sustainable electricity production in close proximity to coastal cities, ports, and energy-intensive infrastructure. This approach addresses the challenge of locating renewable energy sources near population centers and industrial facilities that require consistent power.
As global electricity demand continues to rise with the growth of artificial intelligence, digital infrastructure, and next-generation data centers, Eco Wave Power's technology is designed to help provide renewable energy near shorelines where many data centers, industrial facilities, and population centers are located. The company's mission to accelerate the global transition to renewable energy while supporting next-generation digital and industrial infrastructure aligns with increasing global energy needs driven by technological advancement.
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. 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. Additional information about the company's technology and projects is available at https://www.ecowavepower.com.
The company is expanding globally with projects planned in Portugal, Taiwan, and India, representing a project pipeline of 404.7 MW. Eco Wave Power has received international recognition and 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 company's American Depositary Shares trade on the Nasdaq Capital Market under the ticker symbol "WAVE."
The March 2026 production results from Jaffa Port demonstrate practical progress in wave energy technology that could help diversify renewable energy portfolios beyond solar and wind. As coastal regions worldwide seek reliable clean energy solutions, particularly for energy-intensive applications like data centers supporting artificial intelligence, wave energy technology offers potential for consistent power generation without the intermittency challenges of some other renewable sources. The successful operation since early 2025 with zero downtime suggests increasing reliability of wave energy systems for commercial applications.
