Eco Wave

Israel’s Breakthrough Wave Energy Power Plant: Eco Wave Transforms Renewable Energy at Jaffa Port

Business

The Tel Aviv-Yafo Municipality and the municipal company Atarim, in collaboration with Eco Wave Power and EDF Renewables Israel, launched Israel’s first pilot station for generating electricity from sea waves at Warehouse 2 at the Jaffa Port. This project is a step towards a greener future. Tel Aviv-Yafo Municipality is leading the charge in fighting climate change. By embracing innovative technologies, the city is taking bold action to reduce emissions and create a more sustainable environment. This new facility is proof of their commitment.

The launch marks a significant step toward reducing greenhouse gas emissions and advancing sustainable energy, reinforcing Tel Aviv’s status as a global innovation leader. The event will begin with a formal inauguration by investors, strategic partners, and senior energy officials, followed by remarks from Tel Aviv-Yafo Mayor Ron Huldai and the official unveiling of the station.

Developed by the Israeli company Eco Wave Power, the station was built in collaboration with EDF Renewables Israel, supported by the Chief Scientist of the Ministry of Energy and Tel Aviv-Yafo Municipality. The power station is recognized as “pioneering technology” by the Ministry of Energy.

For the first time, electricity generated from sea waves will power Israel’s national grid—a historic milestone in the country’s renewable energy progress. Located at the Atarim Blue Economy Innovation Hub in Jaffa Port, this pioneering facility operates alongside other advanced marine technologies.

Eco Wave Power is a NASDAQ-listed company (ticker: WAVE) holding 18 patents for innovative wave energy technologies. In addition to the Jaffa pilot station, the company is planning projects in the Port of Los Angeles with Shell and in Porto, Portugal, where its first commercial station will be built.

The company’s technology connects floaters to existing marine structures like breakwaters and piers. These floaters rise and fall with the waves, powering a hydraulic motor and generator located onshore. The system includes smart controls that lift the floaters out of the water during storms to prevent damage.