Eco Wave Power welcomes Israeli blue-tech program investing NIS 6 million in marine renewable energy

Reuters2026/07/21 12:33

By:Reuters

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Eco Wave Power welcomed an Israeli government Blue-Tech program earmarking NIS 6 million (about $2 million) for marine renewable energy innovation.
Backed wave energy as a commercialization catalyst, citing its grid-connected Jaffa Port wave power station exporting electricity under a national PPA.
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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eco Wave Power Global AB (publ) published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607210830PR_NEWS_EURO_ND__EN08868) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Eco Wave Power welcomes Israeli blue-tech program investing NIS 6 million in marine renewable energy

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