Consortium Including Eco Wave Power Secures €2.45 Million Grant for Scalable Wave Energy Solutions Across Atlantic Region
Eco Wave Power Global AB (publ), a leader in onshore wave energy technology, has announced its participation in the Atlantic Wave Energy Sustainable Deployment Initiative (AWESDI), securing a €2.45 million grant. This transnational project, funded under the Interreg Atlantic Area Programme's Third Call for Proposals, aims to promote energy efficiency and reduce greenhouse gas emissions through scalable wave energy solutions in Atlantic coastal regions. The grant, obtained by a consortium including Eco Wave Power, will support technical development, cross-border collaboration, and environmental assessments. This initiative aligns with the company's expanding efforts in Portugal, where it is preparing for its first megawatt-scale installation.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eco Wave Power Global AB (publ) published the original content used to generate this news brief via Newsfile (Ref. ID: 258400) on July 10, 2025, and is solely responsible for the information contained therein.
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