Eco Wave Power Receives Grant From The European Union For Its New Wave Energy Power Station In Jaffa Port, Israel; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Eco Wave Power has received a grant from the European Union for its new wave energy power station in Jaffa Port, Israel. The size of the grant was not disclosed.
July 13, 2023 | 1:28 pm
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Eco Wave Power's grant from the EU for its new power station in Jaffa Port, Israel, could potentially boost the company's financial position and accelerate its project.
The grant from the EU is a positive development for Eco Wave Power as it could provide additional funding for the company's new power station project. This could potentially accelerate the project's timeline and improve the company's financial position, which could positively impact the company's stock price in the short term.
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