Eco Wave Power Global AB (NASDAQ: WAVE) announced that its EWP-EDF One pilot project at Jaffa Port in Israel generated more than 1,200 kWh of renewable electricity during March 2026. The production occurred under approximately six days of moderate wave conditions ranging from one to two meters, demonstrating the system's ability to efficiently convert commonly occurring sea states into power. This result reinforces the technology's potential as a reliable energy solution for coastal infrastructure and AI-driven data center demand, while continuing to maintain stable, zero-downtime operations since early 2025.
The announcement underscores the growing importance of wave energy in the renewable energy mix, particularly as global electricity demand surges with the expansion of artificial intelligence, digital infrastructure, and next-generation data centers. Eco Wave Power's technology is designed to provide renewable energy near shorelines, where many data centers, industrial facilities, and population centers are located. By generating power directly from existing coastal structures such as breakwaters, jetties, and piers, the company enables sustainable electricity production in close proximity to these demand centers.
Eco Wave Power has developed and operates Israel's first grid-connected wave energy power station, recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and co-funded by EDF Power Solutions. In the United States, the company recently launched the first-ever onshore wave energy pilot station at the Port of Los Angeles, in collaboration with Shell Marine Renewable Energy. These projects highlight the scalability and adaptability of the technology.
The company is expanding globally with projects planned in Portugal, Taiwan, and India, representing a project pipeline of 404.7 MW. Eco Wave Power has received international recognition and support from organizations including the European Union Regional Development Fund, Innovate UK, and the EU Horizon 2020 program, and was honored with the United Nations Global Climate Action Award. For more information, visit www.ecowavepower.com.
The March production results are significant because they validate the reliability and efficiency of onshore wave energy technology under real-world conditions. With data centers and AI infrastructure requiring massive amounts of clean electricity, wave energy offers a predictable and consistent power source that can complement solar and wind. Eco Wave Power's zero-downtime operations since early 2025 further demonstrate the technology's operational maturity.
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