공시 • May 06
EWPG Holding AB (publ) Announces Works on Sea Wall Nears Completion for the EWP-EDF One Wave Energy project EWPG Holding AB (publ) announced that it nears completion of the wall reinforcementworks, meant to enable the installation of floaters on the sea wall of thePort of Jaffa, Israel. The works so far have included clearing the top cement layer of the relevant sections of the sea wall, followed by adding two layers of steel rebars for reinforcement and finally, in several days, the final step will be completed, which is the creation of a new cement layer, which shall provide the necessary support for the installation of the floaters. In parallel, the company is in an advanced production process of the first set of floaters. Upon production completion, the company will gradually commence installation of floaters, supporting structures and hydraulic pipes onto the new cement layers. All works are performed by a local subcontractor, during days of calm sea, to enable safe work on the sea wall. The reinforcement works have been planned and are being supervised by Alex Gleizer, a civil engineer (license number 101162) with 25 years of experience executing projects for the Israeli Railway Company, the Israeli Air Force, and the Israeli Electric Company, and with presence from a dedicated safety engineer. Recent Insider Transactions • May 02
Founder & Director recently bought kr84k worth of stock On the 28th of April, David Leb bought around 10k shares on-market at roughly kr8.79 per share. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of kr209k worth in shares. 공시 • Mar 04
EWPG Holding AB (publ) Announces Work on Sea Wall Begins for the Landmark EWP-EDF One Wave Energy Project EWPG Holding AB (publ) announced that Pursuant to the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-3249) Eco Wave Power announced that it officially commenced preparationworks for installation of floaters on the sea wall of thePort of Jaffa, Israel. The works will include clearing the top cement layer of the relevant sections of the sea wall, followed by adding steel rebars for reinforcement and finally the creation of a new cement layer, which shall provide the necessary support for the installation of the floaters. In parallel, the company have commenced the production of ten floaters, which are expected to arrive to site in conjunction with the finalization of the works on the sea wall.All works are performed by a local subcontractor, during days of calm sea, to enable safe work on the sea wall. The EWP-EDF One wave energy project will include 10 floaters, connected to one conversion unit. Due to the onshore nature of the Eco Wave Power technology, the works on the sea wall and floaters installation will be straightforward and will not involve any works performed from the seaside. The EWP-EDF One conversion unit will be located on land, just like a regular power station, enabling an easy access for operation and maintenance. This highlights the significant advantages of the EWP onshore technology, in comparison with offshore solutions. The EWP-EDF one project is executed in collaboration with EDF Renewables IL and co-funding from the Israeli Energy Ministry. 공시 • Feb 09
Eco Wave Power Secures Final Engineering Coordination Permit for Cement Works and Floaters Installation for the EWP-EDF One Project Eco Wave Power announced that it secured the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-3249) needed for the cement works and installation of ten floaters for the EWP-EDF One wave energy project in the Port of Jaffa, Israel. This permit allows the company to proceed with the actual installation of the project in the seaside of the breakwater, which shall include cement works for the breakwater’s reinforcement and the installation of 10 floaters, on 30 linear meters of a pre-existing breakwater within the port, having an installed capacity of 100 KW. Each floater will have a surface area of 8.54 square meters. All civil works were planned and will be supervised by Alex Gleizer, a civil engineer with 25 years of experience, executing projects for the Israeli Railway company, the Israeli Air Force, and the Israeli Electric company. The works, which will be executed via a sub-contractor, are expected to be completed in the upcoming months. Is New 90 Day High Low • Jan 27
New 90-day high: kr7.90 The company is up 13% from its price of kr7.00 on 28 October 2020. The Swedish market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 39% over the same period. 공시 • Jan 09
Eco Wave Power Commences Grid Connection Works for the EWP-EDF One Project in the Port of Jaffa, Israel Eco Wave Power announced that it officially commenced the grid connection works in the Port of Jaffa, Israel. The grid connection works are performed in two parts, as they include different routes within the port. The first part is performed by the infrastructure subcontractor YEHIMOVITZ SUISSA LTD, in the shipyard area of the Port of Jaffa, and will be completed by the end of January. Once these works are finalized the company will move forward to the second part of the grid connection route, which will be span across the warehouse area of the port. The works consist of removing the upper layer of asphalt in the dedicated grid connection route and preparing the tunnels necessary for the electric cables. The Eco Wave Power cable system will span approximately 170 meters of underground cables. Due to the onshore nature of the Eco Wave Power technology, the grid connection works will be straightforward and will not involve any cable laying on the seabed, which are known to be extremely expensive and complex. In addition, the cable length will be significantly shorter and more cost-efficient than cables used for offshore energy projects. This highlights the significant advantages of the EWP onshore technology, in comparison with offshore solutions. The EWP-EDF one project is executed in collaboration with EDF Renewables IL and co-funding from the Israeli Energy Ministry. Is New 90 Day High Low • Dec 31
New 90-day low: kr5.87 The company is down 11% from its price of kr6.58 on 02 October 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 4.0% over the same period. 공시 • Dec 11
Eco Wave Power Signs Collaboration Agreement with Meridian Energy Australia Pty Ltd Eco Wave Power announced the signing of a collaboration agreement with Meridian Energy Australia Pty Ltd. The purpose of the collaboration is for the parties to jointly investigate the development of commercial wave energy power projects in the Australian National Electricity Market (NEM).Eco Wave Power will recognize MEA as a supporting partner, lead the investigation into the application of wave energy in Australia and identify opportunities for the application of the Eco Wave Power Background IP. 공시 • Dec 03
Eco Wave Power Announces the Appointment of Aharon Yehuda as Chief Financial Officer Eco Wave Power announced the appointment of Aharon Yehuda as Chief Financial Officer for the Eco Wave Power Group. Mr. Yehuda will begin his employment immediately and will be based in Eco Wave Power's global headquarters in Tel Aviv, Israel. 공시 • Oct 30
Eco Wave Power Enters MOU with MSMART Future Technology Company in Vietnam Eco Wave Power announced the signing of an MOU with MSMART Future Technology, as the basis for the development of a 50MW wave energy array in Vietnam. The collaboration between the parties shall be executed in milestones. In the first phase, the Eco Wave Power engineering team, will perform an in-depth feasibility study, at the selected site in Vietnam. The study will include the installation of a wave measurement buoy, for collection of the site's wave climate. Once studies are completed to the satisfaction of the parties, they will work towards the establishment of a Joint Venture company in Vietnam for the development of a 50MW wave energy array. 공시 • Oct 29
Eco Wave Power Develops a Game-Changing Wave Energy Power Plant Verification and Maintenance Software Eco Wave Power announced development of a new software for real-time production verification. In addition to guaranteeing production efficiency, it also allows for the timely maintenance of the wave energy power plants. The company's R&D and engineering department used extensive analysis of the global wave energy industry and found a strong need for the possibility of real-time production verification, which shall have significant impact on the possibility of the wave energy sector to secure debt financing and also impact on maintenance processes, including cost minimisation and duration. The upcoming research focused on developing a computer system connected to a wave measuring technology on the one side and to the wave energy conversion unit, on the other side. The aim of which will be to provide a complete and fast live report of the current efficiency status of production of each wave energy module in a wave energy power plant. The result will be the preventative-predictive and corrective smart Wave Power Verification (WPV) software. The software can speed up efficiency verification of the different sub systems of wave energy generation technologies, as well as detect failures in wave modules instantly. Eco Wave Power's team of engineers currently work to finalize the development of the WPV (Wave Power Verification) project, which will get its first trial launch in the EWP-EDF One project, which is financed by the Israeli Energy Ministry and EDF Renewables IL. Is New 90 Day High Low • Oct 14
New 90-day high: kr7.20 The company is up 66% from its price of kr4.34 on 16 July 2020. The Swedish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 6.0% over the same period. 공시 • Sep 26
Eco Wave Power Announces Performance Improvements and Significant Cost Reductions from Gibraltar Wave Energy Project Eco Wave Power announced improvements in power output and significant cost reductions for the company's grid connected wave energy power plant in Gibraltar. As a result of an upgrade of the automation and control system, as well as experience gained in operations and maintenance, Eco Wave Power has managed to significantly increase uptime for the Gibraltar power plant. In 2018-2019, power production performance of the array reached 70% of the forecasted output for the site, as compared to 31% in 2017-2018. Furthermore, direct maintenance and repair costs decreased from 18% of project cost in 2017, to 9% in 2018 and 4% in 2019. This data confirms that Eco Wave Power is on the right path for commercialization and supports the fact that wave energy is a viable source of renewable electricity. The results have been analyzed and verified by the Eco Wave Power engineering team and will also undergo independent verification by Dr. Guang Li, an expert in ocean energy at the Queen Mary University of London. Opened in 2016, Eco Wave Powers facility in Gibraltar generates electricity to the grid by harnessing the rise and fall of the waves. The power plant is made up of a series of eight floaters, which are connected to one conversion unit, with a total installed capacity of 100 kW. One of its principal functions is to act as a testbed for the Eco Wave Power technology and offers the company a cost-efficient development platform for further enhancing system performance and cost. The next step for the company is to finalize the construction of the EWP-EDF One project in Israel and validate technology performance in a second grid-connected site, with different wave conditions. This will enable Eco Wave Power to forecast energy production for different wave climates, which is key to commercial roll-out and bankability of the technology.