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ŷ˲ Wave Power is a leading onshore wave energy company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity.
ŷ˲ Wave Power’s mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
The Company owns and operates a grid connected wave energy project in Israel, with co-investment from EDF Renewables IL and the Israeli Energy Ministry, which recognized ŷ˲ Wave Power’s technology as “Pioneering Technology.� The Israeli wave energy project marks the first grid-connected wave energy system in Israel’s history.
ŷ˲ Wave Power will soon commence the installation of its third, fourth and fifth wave energy projects, in the Port of Los Angeles, Taiwan, and Portugal.
The Company also holds a total projects pipeline of 404.7MW.
ŷ˲ Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission’s Horizon 2020 framework program and was honoured with the “Global Climate Action Award� from the United Nations.
ŷ˲ Wave Power’s American Depositary Shares (WAVE) are traded on the Nasdaq Capital Market.
