Eco Wave Power welcomes Israeli blue-tech program investing NIS 6 million in marine renewable energy
WAVE•California report cited as validation
Eco Wave Power also pointed to California’s SB 605 consultant report referencing its Port of Los Angeles wave energy pilot as validation of wave energy’s market trajectory.
Israeli blue-tech program supports marine renewable energy
Eco Wave Power welcomed an Israeli government Blue-Tech program earmarking NIS 6 million (about $2 million) for marine renewable energy innovation.
The company backed wave energy as a commercialization catalyst, citing its grid-connected Jaffa Port wave power station exporting electricity under a national PPA.
