Eco Wave Power gets final go-ahead for first U.S. onshore wave energy project in LA port.

Eco Wave Power has received final approval from the U.S. Army Corps of Engineers for its wave energy project at the Port of Los Angeles. The permit allows the installation of eight wave energy floaters and an energy conversion unit by the end of Q1 2025. This marks a significant step towards the first onshore wave energy installation in the U.S. and aligns with an agreement with Shell, expected to boost the company's revenues in Q4 2024.

November 18, 2024
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