Eco Wave Power Global AB publ (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading developer of onshore wave energy technology, is pleased to announce its participation in India Energy Week 2025, taking place from February 11-14, 2025, in New Delhi, India. The Company will showcase its innovative wave energy technology at the booth of a major Indian energy corporation and will also sign its first collaboration agreement with a Fortune 500 Indian company for a pilot project in Maharashtra, India.
India Energy Week, held under the patronage of the Ministry of Petroleum and Natural Gas of India, is the country's flagship energy event, bringing together global industry leaders, policymakers, and innovators to discuss the future of energy. The event has previously been inaugurated by the Honorable Prime Minister Narendra Modi and is a key platform for driving energy transformation.
Eco Wave Power will present its wave energy generation model at the exhibition, allowing visitors to experience firsthand how the Company's patented onshore wave energy technology converts ocean waves into clean, reliable electricity. The model has been specially shipped to New Delhi, India for this event.
As part of its expansion into the Indian renewable energy market, Eco Wave Power will sign a collaboration agreement with a Fortune 500 Indian company to explore the implementation of India's first wave energy pilot project in Maharashtra. This agreement marks a historic milestone in integrating wave energy into India's renewable energy strategy.
Inna Braverman, Founder and CEO of Eco Wave Power, commented:
"With a coastline of 7,516 km and over 250 million people living along the shore, India has a unique opportunity to place wave energy at the forefront of its renewable energy strategy. We are excited to showcase our technology at India Energy Week and to take this historic first step toward implementing Eco Wave Power's technology in India."
Alongside India Energy Week, Inna Braverman will also speak at the 9th Annual Global Business Summit (GBS), scheduled for February 14-15, 2025, in New Delhi, India. Organized by The Times Group, India's largest media conglomerate, GBS is one of Asia's premier business forums, bringing together global leaders, policymakers, and visionaries to shape new narratives in business, policy, and sustainability.
Past editions of GBS have hosted prominent figures such as Bill Gates (Microsoft), Ray Dalio (Investor), Dara Khosrowshahi (Uber), Steve Wozniak (Apple), and India's Prime Minister, the Honorable Narendra Modi. The 2025 theme, "Evolve, Emerge, Expand", will focus on fostering meaningful dialogue in the fields of renewable energy, business, and global economic growth.