As the global demand for electricity accelerates, driven largely by the expansion of artificial intelligence and data centers, renewable energy sources are being scrutinized for their ability to meet this new demand. Eco Wave Power Global AB (NASDAQ: WAVE), a company developing technology to convert ocean waves into electricity, is positioning itself as a key player in this evolving energy landscape. The company is set to present its latest developments at the Moody Capital Solutions 2026 Disruptive Growth & Life Sciences Conference in New York City on September 10, 2026.
Eco Wave Power's patented technology uses floaters attached to existing coastal structures like breakwaters and jetties to generate electricity from the motion of waves. This approach allows for renewable power generation near coastal cities and ports, where electricity demand is often highest, without requiring new offshore installations. The company's systems are installed onshore or near-shore, making maintenance easier and reducing environmental impact compared to traditional offshore wave energy devices.
The timing of this presentation is notable given the increasing strain that AI and data centers are placing on power grids worldwide. According to industry reports, data centers could consume up to 8% of global electricity by 2030, up from about 1% in 2022. This surge is prompting technology giants and utilities to seek out new, reliable sources of clean energy. Eco Wave Power believes that wave energy can play a significant role in this transition, offering a consistent and predictable power source that complements intermittent solar and wind.
The company has already made inroads into the AI ecosystem. It was featured during NVIDIA founder and CEO Jensen Huang's keynote at the NVIDIA GTC conference as part of a digital twin model showcasing future renewable energy infrastructure. Following that, Eco Wave Power's U.S. arm joined NVIDIA Inception, a program that supports innovative startups. These connections highlight the company's strategy to integrate wave energy into the digital infrastructure of tomorrow.
Eco Wave Power's technology has been demonstrated in several key markets. In Israel, the company operates the country's first grid-connected wave energy power station, which has been 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 onshore wave energy pilot station at the Port of Los Angeles, in collaboration with Shell Marine Renewable Energy and AltaSea. These projects validate the technology's commercial viability and provide real-world data for further development.
The company is also expanding its global footprint, with projects planned in Portugal, Taiwan, and India. These markets offer favorable wave conditions and strong government support for renewable energy. By establishing a presence in these regions, Eco Wave Power aims to demonstrate that wave energy can be a dependable component of the global renewable energy mix, particularly for coastal economies.
Eco Wave Power has received support from various international organizations, including the European Union Regional Development Fund, Innovate UK, and the EU Horizon 2020 program. The company was also honored with the United Nations Global Climate Action Award, underscoring its contribution to climate change mitigation.
CEO Inna Braverman will present the company's commercialization strategy and vision at the conference, which is organized by Moody Capital Solutions, an investment bank with over 40 years of experience. The presentation is scheduled for 2:35 p.m. ET and is expected to draw attention from investors and industry stakeholders interested in the intersection of renewable energy and AI.
As the world's digital infrastructure continues to grow, the need for clean, reliable power will only intensify. Eco Wave Power's participation in this conference highlights the potential of wave energy to meet that need, offering a sustainable solution that leverages the vast, untapped power of the oceans.
