Eco Wave Power Global (WAVE) has released an update.
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Eco Wave Power Global, an innovator in onshore wave energy technology, has entered the Asian market by signing a sale agreement with Taiwanese company Lian Tat for an onshore wave energy project. The collaboration kicks off with a 100KW pilot project and aims to expand to 20MW, with long-term goals of achieving 400MW of installed capacity along Taiwan’s coast. This strategic move positions Taiwan as a potential leader in wave energy technology in the Asia Pacific region.
For further insights into WAVE stock, check out TipRanks’ Stock Analysis page.
