Eco Wave Power

Eco Wave Power attaches floater arms to existing piers, breakwaters and jetties to generate electricity from wave motion, keeping the hydraulic conversion equipment onshore for storm resilience. It operates a grid-connected station at Jaffa Port and is running a pilot at the Port of Los Angeles with Shell and AltaSea to test powering a data center on wave energy alone, plus an NVIDIA Inception partnership for digital twins. It trades on Nasdaq as WAVE; the LA data-center pilot is not yet reported as commercially operating.

Ecosystem functionThe only listed pure-play wave energy company explicitly courting AI data centers as anchor demand, which makes it the category's public-market proxy.

Business modelOnshore wave energy generation