Paris, France – July 29, 2024 (PR) – Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE), a leading, publicly-traded onshore wave energy developer, is pleased to announce that it has been selected as the winner of 2024 EDF Pulse Awards 10th edition, in the category of “Developing a Profitable Decentralized Energy System”.
Eco Wave Power was awarded during a ceremony conducted by Luc Rémont, Chairman & Chief Executive Officer of EDF, in EDF’s Pavilion, constructed in partnership with the Paris 2024 Olympic Games.
The Jurors evaluating Eco Wave Power and making the final decision are:
“In light of EDF’s partnership with the Paris 2024 Olympic Games, we note that the world of sports and innovation join together in terms of surpassing oneself, passion, discipline, and the quest for performance and excellence. As a result, there is no doubt that innovation is a high-level sport!” said Julien Villeret, Chief Innovation Officer of EDF
“The gold medal of the EDF Pulse Awards 2024 is awarded to Eco Wave Power in the category of developing a profitable, decentralized wave energy system, attached to existing infrastructure in ports. Other winners are Orus Energy in the category of making the costumer an actor in their decarbonization and Aerleum in the category of developing carbon capture, recovery and offsetting solutions” added Julien Villeret
“We are honored to win the prestigious EDF Pulse Award, by Électricité de France (EDF), which is a multinational electric utility company, and the largest renewable energy producer in Europe” said Eco Wave Power’s Founder and Chief Executive Officer Inna Braverman. “I would like to dedicate this Award to EDF Renewables Israel, and thank them for the productive collaboration in the implementation of the first grid connected wave energy project in the history of Israel. We hope and aim to implement many more projects with the EDF Group. Thank you for your support!”
This significant recognition comes in parallel with the productive collaboration between Eco Wave Power and EDF Renewables IL (a subsidiary of Électricité de France), which jointly own and operate a wave energy pilot project in Israel, the EWP-EDF One Project.
This project was co-funded by EDF Renewables IL (which owns 50% of the project), and by the Israeli Ministry of Energy, which recognized the Eco Wave Power technology as a pioneering technology.
In 2023, the power station was officially connected to the Israeli national electrical grid, marking the first time in the history of Israel that electricity produced by the power of the waves is being sent to the country’s national grid.
In November 2024, Eco Wave Power and EDF plan to hold a ceremonial “plugging in” event to commemorate this historic achievement.
