Coalition, Including Eco Wave Power, Chosen as a Finalist in EDA's Build Back Better Regional Challenge
STOCKHOLM, Jan. 18, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq First North: ECOWVE, Nasdaq U.S.: WAVE) ("Eco Wave Power"), a leader in the production of clean electricity from ocean and sea waves, is proud to announce they have been selected as a finalist as part of coalition with other regional stakeholders in the $1 billion Build Back Better regional challenge, led by the Los Angeles County Economic Development Corporation (LAEDC).
- The Build Back Better Regional Challenge is the largest economic development initiative in decades from the U.S. Department of Commerce.
- Inna Braverman, founder and CEO of Eco Wave Power, stated, "We are very proud to take part in the coalition led by LAEDC.
- Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production fromthe ocean andsea waves.
- Eco Wave Power's commonshares(ECOWVE)aretraded on Nasdaq First North and its ADSs(WAVE)are traded on the Nasdaq Capital Market.