Eco Wave Power Global Announced That It Has Commenced Sending Of Clean Electricity From Its EWP-EDF One Project In The Port Of Jaffa, To The Israeli National Electrical Grid
Portfolio Pulse from Benzinga Newsdesk
Eco Wave Power Global has completed the EWP-EDF One project in the Port of Jaffa, Israel, and has begun supplying clean electricity to the Israeli national grid. The project, with a 100KW capacity and consisting of 10 floaters, is a collaboration between Eco Wave Power and EDF Renewable IL, each owning 50%, and is supported by the Israeli Ministry of Energy.
January 03, 2024 | 2:28 pm
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Eco Wave Power Global has initiated the supply of electricity from its EWP-EDF One project, potentially increasing its revenue and showcasing its technology's viability.
The commencement of electricity supply from the EWP-EDF One project is a significant operational milestone for Eco Wave Power Global, likely to have a positive impact on investor sentiment and the company's stock price in the short term. It demonstrates the company's progress in executing its project pipeline and may lead to increased investor confidence in its technology and future revenue potential.
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