Eco wave power continues to advance toward key operational milestones, reports third quarter 2022 financial results
Official opening of ewp-edf one project in israel nears; company creating strong u.s presence via upcoming altasea pilot at the port of los angeles, while reinforcing its planned projects in europe stockholm , dec. 1, 2022 /prnewswire/ -- eco wave power global ab (publ) ("eco wave power" or the "company") (nasdaq: wave), a leading, publicly traded onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity, today provided a corporate update and reported financial results as of and for the three and nine months ended september 30, 2022. management commentary "eco wave power's onshore and nearshore technology is much simpler than legacy offshore wave energy generation technologies and is thus cost-effective, creating the potential to tap thousands of miles of shoreline and utilize hundreds of thousands of breakwaters, jetties, piers, and other marine structures to create clean, renewable, energy from the ocean.
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