As artificial intelligence and data centers dramatically increase global electricity consumption, Eco Wave Power Global AB (NASDAQ: WAVE) is positioning its onshore wave energy technology as a solution for the next generation of energy-intensive infrastructure. The company, which converts ocean and sea waves into electricity using systems installed on existing coastal structures, will present its commercialization strategy at the Moody Capital Solutions 2026 Disruptive Growth & Life Sciences Conference in New York City on Sept. 10, 2026, at 2:35 p.m. ET.
The announcement comes amid a surge in power demand from AI and digital infrastructure, which is straining existing energy grids. Eco Wave Power believes that wave energy can play a significant role in meeting this demand, especially in coastal regions where data centers and ports are often located. By leveraging existing infrastructure such as breakwaters and jetties, the company's patented technology generates electricity close to major consumption centers, reducing transmission losses and grid congestion.
Eco Wave Power's recent engagement with the AI ecosystem includes a mention in NVIDIA founder and CEO Jensen Huang's keynote at NVIDIA GTC, where a Digital Twin model showcased renewable energy infrastructure. The company was also featured on NVIDIA's social media channels, and its U.S. AI-focused arm joined NVIDIA Inception, a program that supports innovative technology companies. These collaborations signal a convergence between renewable energy and AI, highlighting wave energy's potential to power future digital infrastructure.
The company has already proven its technology in key markets. In Israel, it operates the country's first grid-connected wave energy power station, recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and co-funded by EDF Renewables IL. In the United States, Eco Wave Power launched the first-ever onshore wave energy pilot station at the Port of Los Angeles, in partnership with Shell Marine Renewable Energy and AltaSea. These projects demonstrate the feasibility and scalability of the technology.
Looking ahead, Eco Wave Power is advancing projects in Portugal, Taiwan, and India, aiming to establish wave energy as a commercial component of the renewable energy mix. The company has received support from international organizations, including the European Union Regional Development Fund, Innovate UK, and the EU Horizon 2020 program, and was honored with the United Nations Global Climate Action Award.
Founder and CEO Inna Braverman will discuss these developments and the company's vision for wave energy in the era of AI-driven electricity demand at the conference. The presentation is expected to highlight how wave energy can provide reliable, cost-efficient power to support the growth of data centers and other energy-intensive industries.
For more information on Eco Wave Power, visit the company's website at www.ecowavepower.com. To register for the conference, visit https://moodycapital.com/conference/. Coverage of the conference by IBN is available at https://ibn.fm/MoodyCapital2026Conference.
