Eco Wave Power Global AB (publ) has announced significant progress on its 1 MW wave energy project in Porto, Portugal. The company completed a comprehensive ocean wave assessment in collaboration with MetOcean Consult, confirming favorable wave conditions for its latest floater technology at the Barra do Douro breakwater. Following the successful engineering reviews, Eco Wave Power submitted its full execution plan to the Administração dos Portos do Douro, Leixões e Viana do Castelo (APDL), marking a key step toward the construction phase of the project. This initiative is the first megawatt-scale implementation under Eco Wave Power's 20 MW concession agreement with APDL and aims to contribute to Portugal's growing renewable energy portfolio with sustainable, onshore wave energy solutions.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-004500), on January 15, 2026, and is solely responsible for the information contained therein.