Eco Wave Power Officially Kicks Off the First MW Scale Wave Energy Project In Portugal
Portfolio Pulse from Benzinga Newsdesk
Eco Wave Power Global AB (Nasdaq: WAVE) has officially started its first MW-scale wave energy project in Porto, Portugal. The project aligns with Portugal's renewable energy goals and includes a 20MW Concession Agreement with APDL. The company aims to commercialize its wave energy technology globally.
August 05, 2024 | 12:36 pm
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Eco Wave Power (WAVE) has initiated its first MW-scale wave energy project in Porto, Portugal, under a 20MW Concession Agreement with APDL. This project is a significant step towards the commercialization of its wave energy technology.
The initiation of the first MW-scale wave energy project is a significant milestone for Eco Wave Power, potentially boosting investor confidence and stock price. The project aligns with Portugal's renewable energy goals, enhancing the company's market position.
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