Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from Eco Wave Power Global ( (WAVE) ) is now available.
Eco Wave Power Global AB announced on February 13, 2025, that it signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to explore India’s 40,000 MW wave energy potential as part of India Energy Week 2025. This collaboration represents a significant move in incorporating wave energy into India’s renewable energy strategy, starting with a 100 kW pilot project at BPCL’s Mumbai Oil Terminals. The agreement provides Eco Wave Power with entry into India’s growing renewable energy market, leveraging BPCL’s resources and infrastructure to scale up wave energy projects across the country.
More about Eco Wave Power Global
Eco Wave Power Global AB (publ) is a leading company in the onshore wave energy sector, known for its innovative technology that converts ocean and sea waves into sustainable electricity. The company operates the first grid-connected wave energy system in Israel and is expanding globally with projects in locations such as the Port of Los Angeles, Taiwan, and Portugal. Eco Wave Power’s technology has been recognized as pioneering, receiving support from entities like the European Union Regional Development Fund and Innovate UK. The company’s shares are traded on the Nasdaq Capital Market.
YTD Price Performance: -24.06%
Average Trading Volume: 93,270
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $49.56M
For an in-depth examination of WAVE stock, go to TipRanks’ Stock Analysis page.
