Founded in Tel Aviv, Israel, in 2011, Eco Wave Power is a Swedish company that has developed a patented, cost-efficient technology for turning ocean and sea waves into green electricity. They are the only wave energy company in the world to own and operate a wave energy array, which is connected to the grid in accordance with a Power Purchase Agreement (PPA). CEO Inna Braverman shares her journey:
Some of you know how personal Eco Wave Power is for me. I was born in the Ukraine. Two weeks after I was born, the Chernobyl nuclear reactor exploded, causing the largest nuclear disaster in history. As a result, I suffered from the negative impact of the polluted air and had a respiratory arrest.
Fortunately, my mother, a nurse, gave me mouth to mouth resuscitation, which saved my life. I was a lucky baby, but other children and adults were not as fortunate as I was.
Some of you may also know that the Soviet Union decided to hide the explosion, and by doing so, risked many lives. Sweden was the first country that notified the world of the disaster. I thank them for helping the world with the Chernobyl accident and what they are trying to do now with their determination to promote renewable energy. Both actions are saving many lives!
I hope that Eco Wave Power’s journey will inspire and trigger some clear actions that will spread beyond Sweden and Israel. Among these, the promotion of clean energy, support for innovative ideas, and an easy and clear regulatory framework for renewables, which will lead to a better future for our children.
I don’t yet have any children of my own, I am married to Eco Wave Power and the power stations are my children. I am passionate and committed to doing my absolute best for the success of the company. When I do have my own family, maybe one day we will stand together looking at the power stations, and they might say, “Mommy contributed to changing the world.” Maybe your children will say the same, for you helping to create a better world for them.
Even in our company’s early steps, we have contributed significantly towards creating awareness of this amazing sector. We have contributed to developing the regulatory and legislative frameworks to accept and adopt wave energy and contributed to the wave energy field’s scientific research. EWP made significant steps that will assist future companies in entering into this high potential market. Wave energy alone can produce twice the amount of electricity that the world produces now — it is definitely worth your attention!
Eco Wave Power is pioneering in the wave energy field, and being the first is not easy, but I always say that passion is the greatest renewable energy source.
I was 24 when I established Eco Wave Power, and I had a naive outlook that maybe, just maybe, I could accomplish this without money, without contacts, and probably even without the necessary experience. Today, I am 33 years old and have gained the experience. Now I hope you (the shareholders, my team, and investors) will assist us with our mission, which is more significant than just developing a product. Our mission is changing the world!
