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title="Ideas">Ideas </a><div class="sc-bUsiPH zLJcG sub-nav-wrapper subnav has-groups"><div class="sc-nbCPO gcRIEn sub-group-wrapper"><div class="sc-cbhCNN iJZPkR group-list"><div><div class="sc-fAcTok gLrwo group-list-item-label">Trade Ideas</div><div><div class="menu-items"><div class="sc-cdZxpv etxDhN menu-item-wrapper"><div class="sc-fCUNPS gOPjDG dropdown-menu-item"><a data-action="Navigation Sub-Menu Click" href="/trading-ideas/long-ideas" title="Long Ideas">Long Ideas</a></div><div class="sc-fCUNPS gOPjDG dropdown-menu-item"><a data-action="Navigation Sub-Menu Click" href="/trading-ideas/short-ideas" title="Short Ideas">Short Ideas</a></div><div class="sc-fCUNPS gOPjDG dropdown-menu-item"><a data-action="Navigation Sub-Menu Click" href="/trading-ideas/technicals" title="Technicals">Technicals</a></div><div class="sc-fCUNPS gOPjDG dropdown-menu-item"><a data-action="Navigation Sub-Menu Click" href="/media" title="From The Press">From The Press</a></div><div class="sc-fCUNPS 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To Launch Israel's First Wave Energy Power Plant At Jaffa Port</h1></div></div></div><div class="main-content-container layout-container mx-auto"><div class="layout-flex flex flex-col w-full items-start relative"><div class="layout-main w-full overflow-hidden flex flex-grow flex-col justify-between"><div class="flex flex-col w-full items-start lg:flex-row"><div class="sc-cgpWsj WlvEv article-submitted flex flex-grow"><div class="article-submitted-content"><div><div class="article-author-wrap"><span>by </span><span class="author"><a class="author-name" data-action="Clicked Author Link" href="/author/anusuya-lahiri-0">Anusuya Lahiri</a>, Benzinga Editor</span><div class="sc-lgpMbK fQLLYS"><svg xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" width="20" height="20" fill="none"><rect width="20" height="20" rx="4"></rect><path fill="url(#followAuthor_svg__a)" d="M3 3h14v14H3z"></path><defs><pattern id="followAuthor_svg__a" width="1" height="1" 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style="height:40px" class="lazyload-placeholder"></div></div><div class="h-[40px] w-[128px]"></div></div></div><div class="key-points-wrapper"><div class="sc-cVuPSX dYfkGj key-points "><h6 class="key-points-header">Zinger Key Points</h6><ul><li class="">Eco Wave Power, EDF Renewables IL, Tel Aviv-Yafo Municipality and Atarim will inaugurate Israel's wave energy power plant at Jaffa Port.</li><li class="">The project is located within Atarim's Blue Economy Innovation Hub at the Jaffa Port, alongside other marine innovation technologies.</li></ul></div></div><figure class="sc-jDEWiW jFGXLf image-placement"><div class="article-image bg-gray-100"><span style="background:none;border:0;box-sizing:border-box;display:block;height:initial;margin:0;opacity:1;overflow:hidden;padding:0;width:initial;position:absolute;top:0;left:0;bottom:0;right:0"><div role="img" class="sc-ilxebA hkzXnZ"></div><img alt="" title="EXCLUSIVE: Eco Wave Power, EDF Renewables IL And Tel Aviv Partner To Launch Israel's First Wave Energy Power Plant At Jaffa Port" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" style="border:none;bottom:0;box-sizing:border-box;display:block;height:0;left:0;margin:auto;max-height:100%;max-width:100%;min-height:100%;min-width:100%;padding:0;position:absolute;right:0;top:0;width:0;object-fit:cover"/><noscript><img alt="" title="EXCLUSIVE: Eco Wave Power, EDF Renewables IL And Tel Aviv Partner To Launch Israel's First Wave Energy Power Plant At Jaffa Port" sizes="(max-width: 800px) 120px, (min-width: 800px) 400px" src="https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=3840" srcSet="https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=16 16w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=32 32w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=48 48w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=64 64w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=96 96w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=128 128w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=256 256w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=384 384w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=640 640w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=750 750w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=828 828w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=1080 1080w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=1200 1200w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=1920 1920w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=2048 2048w, https://cdn.benzinga.com/files/images/story/2024/11/26/WAVE-Logo.png?optimize=medium&dpr=2&auto=webp&width=3840 3840w" decoding="async" loading="lazy" style="border:none;bottom:0;box-sizing:border-box;display:block;height:0;left:0;margin:auto;max-height:100%;max-width:100%;min-height:100%;min-width:100%;padding:0;position:absolute;right:0;top:0;width:0;object-fit:cover"/></noscript></span></div></figure><div class="sc-fiqhMp hTMfOU article-content-body" id="node-42185497"><div style="height:2px"></div><div class="sc-kNHrWM kBGsYt article-content-body-only " id="article-body" itemProp="articleBody" itemscope="" itemType="https://schema.org/Article"><div><p>On Tuesday, <strong>Eco Wave Power Global AB</strong> <span class="ticker" data-ticker="WAVE" data-exchange="NASDAQ" style="display: inline-block;">WAVE</span> announced that Eco Wave Power and EDF Renewables IL, in collaboration with the Tel Aviv-Yafo Municipality and the municipal company Atarim, will inaugurate Israel’s first pilot station for generating electricity from sea waves on Thursday, December 5, at Warehouse 2 in Jaffa Port. This global project combines innovation, sustainability, and the fight against climate change.</p> <p>The launch marks a significant step toward reducing greenhouse gas emissions and advancing sustainable energy, reinforcing Tel Aviv-Yafo’s status as a global innovation leader.</p> <p><strong><em>Also Read:</em></strong><em> <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42171519/snowflake-elastic-poised-for-ai-revolution-gains-analyst-upgrades-the-stocks" rel="noreferrer noopener">Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks</a></em></p> <p>The event will include a formal inauguration by Tel Aviv-Yafo Mayor Ron Huldai and a reception at Warehouse 2 in Jaffa Port with senior energy officials, investors, and strategic partners.</p> <p>The Eco Wave Power project was built in collaboration with EDF Renewables Israel, supported by the Chief Scientist of the Ministry of Energy (which recognized the company’s technology as “Pioneering Technology”) and Tel Aviv-Yafo Municipality.</p> <p>Eco Wave Power founder and CEO Inna Braverman said the project at Jaffa Port represents a historic milestone in the global renewable energy journey, proving that sea waves can be a viable, clean, and consistent source of electricity.</p> <p>EDF Renewables Israel CEO Ayalon Vaniche said the partnership with Eco Wave led to the formation of a pilot that harnesses wave energy to produce clean electricity. EDF Group expressed its strong interest in assessing the potential of this new technology as part of its broad interest in marine energies.</p> <p>The project is located within Atarim’s Blue Economy Innovation Hub at the Jaffa Port, alongside other cutting-edge marine innovation technologies.</p> <p>Eco Wave Power founder and CEO Inna Braverman leads the company and the project. Braverman is a graduate of the “Women for Climate” program by the international C40 Cities organization, which Tel Aviv-Yafo is a member of. </p> <p>The Women for Climate program empowers women to lead environmental and sustainability projects addressing urban climate challenges. </p> <p><strong>Price Action:</strong> WAVE stock closed higher by 14.7% at $11.57 on Monday.</p> <p><strong>Also Read:</strong></p> <ul> <li><strong><a href="https://www.benzinga.com/24/11/42170518/apples-100-million-offer-rejected-as-indonesia-enforces-iphone-16-sales-ban" target="_blank" rel="noreferrer noopener">Apple $100 Million Proposal Rejected As Indonesia Maintains iPhone Ban</a></strong></li> </ul></div><a class="text-sm my-4" href="https://www.benzinga.com/apis?utm_source=benzinga.com&utm_campaign=article-bottom" rel="noreferrer" target="_blank">Market News and Data brought to you by Benzinga APIs</a><p class="copyright">© 2024 Benzinga.com. Benzinga does not provide investment advice. 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class="copyright-section text-center w-full whitespace-nowrap mt-2">© 2024 Benzinga | All Rights Reserved</div></div></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"article":{"id":"6745b86fb6cb720001aad23b","nodeId":42185497,"userId":318821,"versionId":50461209,"type":"story","published":true,"createdAt":"2024-11-26T12:00:50Z","updatedAt":"2024-11-26T12:00:51Z","title":"EXCLUSIVE: Eco Wave Power, EDF Renewables IL And Tel Aviv Partner To Launch Israel's First Wave Energy Power Plant At Jaffa Port","titleSeo":"","body":"\u003cp\u003eOn Tuesday, \u003cstrong\u003eEco Wave Power Global AB\u003c/strong\u003e \u003cspan class=\"ticker\"\n data-ticker=\"WAVE\"\n data-exchange=\"NASDAQ\"\n style=\"display: inline-block;\"\u003eWAVE\u003c/span\u003e announced that Eco Wave Power and EDF Renewables IL, in collaboration with the Tel Aviv-Yafo Municipality and the municipal company Atarim, will inaugurate Israel\u0026#8217;s first pilot station for generating electricity from sea waves on Thursday, December 5, at Warehouse 2 in Jaffa Port. This global project combines innovation, sustainability, and the fight against climate change.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe launch marks a significant step toward reducing greenhouse gas emissions and advancing sustainable energy, reinforcing Tel Aviv-Yafo\u0026#8217;s status as a global innovation leader.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eAlso Read:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e \u003ca target=\"_blank\" href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42171519/snowflake-elastic-poised-for-ai-revolution-gains-analyst-upgrades-the-stocks\" rel=\"noreferrer noopener\"\u003eSnowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe event will include a formal inauguration by Tel Aviv-Yafo Mayor Ron Huldai and a reception at Warehouse 2 in Jaffa Port with senior energy officials, investors, and strategic partners.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Eco Wave Power project was built in collaboration with EDF Renewables Israel, supported by the Chief Scientist of the Ministry of Energy (which recognized the company\u0026#8217;s technology as \u0026#8220;Pioneering Technology\u0026#8221;) and Tel Aviv-Yafo Municipality.\u003c/p\u003e\n\n\n\n\u003cp\u003eEco Wave Power founder and CEO Inna Braverman said the project at Jaffa Port represents a historic milestone in the global renewable energy journey, proving that sea waves can be a viable, clean, and consistent source of electricity.\u003c/p\u003e\n\n\n\n\u003cp\u003eEDF Renewables Israel CEO Ayalon Vaniche said the partnership with Eco Wave led to the formation of a pilot that harnesses wave energy to produce clean electricity. EDF Group expressed its strong interest in assessing the potential of this new technology as part of its broad interest in marine energies.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe project is located within Atarim\u0026#8217;s Blue Economy Innovation Hub at the Jaffa Port, alongside other cutting-edge marine innovation technologies.\u003c/p\u003e\n\n\n\n\u003cp\u003eEco Wave Power founder and CEO Inna Braverman leads the company and the project. 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This global project combines innovation, sustainability, and the fight against climate change.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eThe launch marks a significant step toward reducing greenhouse gas emissions and advancing sustainable energy, reinforcing Tel Aviv-Yafo\u0026#8217;s status as a global innovation leader.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cstrong\u003e\u003cem\u003eAlso Read:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e \u003ca target=\"_blank\" href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42171519/snowflake-elastic-poised-for-ai-revolution-gains-analyst-upgrades-the-stocks\" rel=\"noreferrer noopener\"\u003eSnowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e","\n\n\n\n","\u003cp\u003eThe event will include a formal inauguration by Tel Aviv-Yafo Mayor Ron Huldai and a reception at Warehouse 2 in Jaffa Port with senior energy officials, investors, and strategic partners.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eThe Eco Wave Power project was built in collaboration with EDF Renewables Israel, supported by the Chief Scientist of the Ministry of Energy (which recognized the company\u0026#8217;s technology as \u0026#8220;Pioneering Technology\u0026#8221;) and Tel Aviv-Yafo Municipality.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eEco Wave Power founder and CEO Inna Braverman said the project at Jaffa Port represents a historic milestone in the global renewable energy journey, proving that sea waves can be a viable, clean, and consistent source of electricity.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eEDF Renewables Israel CEO Ayalon Vaniche said the partnership with Eco Wave led to the formation of a pilot that harnesses wave energy to produce clean electricity. EDF Group expressed its strong interest in assessing the potential of this new technology as part of its broad interest in marine energies.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eThe project is located within Atarim\u0026#8217;s Blue Economy Innovation Hub at the Jaffa Port, alongside other cutting-edge marine innovation technologies.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eEco Wave Power founder and CEO Inna Braverman leads the company and the project. Braverman is a graduate of the \u0026#8220;Women for Climate\u0026#8221; program by the international C40 Cities organization, which Tel Aviv-Yafo is a member of. \u003c/p\u003e","\n\n\n\n","\u003cp\u003eThe Women for Climate program empowers women to lead environmental and sustainability projects addressing urban climate challenges. \u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e WAVE stock closed higher by 14.7% at $11.57 on Monday.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cstrong\u003eAlso Read:\u003c/strong\u003e\u003c/p\u003e","\n\n\n\n","\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42170518/apples-100-million-offer-rejected-as-indonesia-enforces-iphone-16-sales-ban\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eApple $100 Million Proposal Rejected As Indonesia Maintains iPhone Ban\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e"],"author":{"about":"Anusuya, MS. 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