Eco Wave Power Welcomes New Israeli Government Blue-Tech Energy Initiative to Advance Marine Renewable Energy Innovation
Eco Wave Power welcomed a new Israeli government initiative investing NIS 6 million (approximately $2 million) to advance Blue-Tech energy technologies, highlighting the sector's strategic importance. The company noted that its Jaffa Port power station, Israel's only grid-connected wave energy facility, has maintained zero downtime since early 2025 under a PPA with Israel Electric Corporation.
Key figures
- Govt investment nis
- NIS 6 million
- Project pipeline mw
- 404.7
- Govt investment usd approx
- $2 million
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