Secretary Clinton praised Braverman and the five honorees for
"defying the status quo" and "harnessing the power of
waves."
WASHINGTON, Nov. 2, 2023 /PRNewswire/ -- Eco Wave Power
Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company"), a leading,
publicly traded onshore wave energy company, is pleased to announce
that Inna Braverman, the company's
Founder and Chief Executive Officer, received the Vital Voices'
Global Leadership Award.
Vital Voices which was co-founded by Secretary Clinton and the
late U.S. Secretary of State Madeleine
Albright, has provided early support for future Nobel Peace
Prize Laureates, Prime Ministers, award-winning innovators, and
breakthrough social entrepreneurs.
The event featured keynote speeches from former US Secretary of
State Hillary Clinton, actress and
activist Ashley Judd, and fashion
designer Diane von Fürstenberg, and took place at the John F.
Kennedy Center for Performing Arts in Washington, DC.
Melanne Verveer, who served as
the first U.S. Ambassador for Global Women's issues appointed by
President Barack Obama in 2009,
presented Braverman with the award:
"I am honored to be here tonight to recognize a remarkable
leader. Inna Braverman is a daring
innovator. Born in Ukraine
and raised in Israel, she has
developed pioneering technology to address climate change. When
most of her peers said it couldn't be done, Inna found a way to
produce clean energy from ocean and sea waves. Through her company
Eco Wave Power, she has pushed past
the boundaries of traditional technology and helped to
revolutionize energy production at a pivotal moment,"
"Inna knows that the climate crisis sits at the nexus of so many
of our urgent global problems, from security to conflict to gender
inequality, because she sees that these issues are so deeply
intertwined. She advocates for urgent action, not only for our
planet but for its people, and especially for women who are so
disproportionately affected by the effects of climate change,"
"In creating a solution that so many thought were
impossible, Inna is advancing much-needed progress to address this
existential threat of our time." said Verveer.
When accepting the award, Inna said:
"I founded Eco Wave Power when I
was 24, and back then everyone told me that wave energy is
impossible, but I kept working hard to prove that wave energy is
possible. I never gave up. Now, Eco Wave
Power has a grid connected power station in Israel, and additional projects coming soon in
Portugal and in the Port of
Los Angeles.
I believe that wave energy, and Eco Wave
Power, will be a significant part of the world's renewable
energy mix, and a significant resource in the fight against climate
change.
Research shows that women are still largely underrepresented in
the technological sector. We only represent 1% of leadership
positions in the combined science, technology, engineering, and
mathematics sector, and we also get only 2% of the world's venture
capital funding.
With these odds and statistics, it is not at all obvious that
Eco Wave Power, a female-led
company, was able to raise 30 million
USD in funding, and become publicly traded on Nasdaq, here
in the US.
This shows you that we can do everything that we are passionate
about, because passion is the greatest renewable energy source,
even stronger than the power of the waves." For the full acceptance
speech please see the following link:
https://youtu.be/NWk4RwpYhHw.
As part of the awards show, Vital Voices premiered documentaries
on each of the honorees, produced by Queen Collective, a female
filmmakers initiative. Braverman's honoree film can be seen in the
following link: https://youtu.be/NK_0QbOlKiE.
"Tonight, you've seen an incredible group of women who know what
they are fighting for, who know that their efforts for a more just
and equal world and to tell their stories on a bigger stage to more
people and inspire more young women, in a search for creative and
compassionate solutions to the problems we face, is worth the
challenge and sometimes the pain that goes with leadership.
In tonight's honorees, we see women defying the status
quo, defending human rights, harnessing the power of waves, leading
international efforts at the State Department on behalf of people
with disabilities, working for peace in a war-torn country, and
making groundbreaking films that inspire action on social justice.
We all know progress is not promised to any of us – it's something,
we have to fight for again and again," said Sec. Clinton.
Through her service as a US Senator, Secretary of State, First
Lady, and nominee for President of the
United States for the Democratic Party, Sec. Clinton
advocated for sustainable policies and climate action. In Clinton's
policy proposal on climate change, she states that: "Climate change
is an urgent threat and a defining challenge of our time. It
threatens our economy, our national security, and our children's
health and futures. We can tackle it by making America
the world's clean energy superpower and creating millions of
good-paying jobs, taking bold steps to slash carbon pollution at
home and around the world, and ensuring no Americans are left out
or left behind as we rapidly build a clean energy
economy." (for the full policy please
read: https://www.hillaryclinton.com/issues/climate/)
During the event, Braverman also provided Sec. Clinton an update
on the landmark legislation in California, Senate Bill 605 – Wave and Tidal
Energy, that Sec. Clinton and Braverman previously discussed back
in May 2023. Just weeks ago, SB 605
was signed into law by California
Governor Gavin Newsom, a significant
moment for the wave energy industry in America.
The following day, Braverman met with US Congresswoman Barragán
to update her on SB 605 and the company's upcoming project at
AltaSea at the Port of Los
Angeles, which is in the Congresswoman's district. They have
also discussed the importance of a potential legislation for wave
energy on the federal level, which will significantly assist the
implementation of more wave energy projects within the U.S.
Cong. Barragán, who serves on the House Committee on Energy and
Commerce and its Subcommittee on Energy, Climate, and Grid
Security, toured Eco Wave Power's
wave energy power station at AltaSea in September 2022, and expressed her excitement to
have Eco Wave Power's innovative
technology at AltaSea.
About Vital Voices Global Partnership
Now celebrating 26 years, Vital Voices Global Partnership has
directly invested in more than 20,000 women leaders across 185
countries and territories since its inception in 1997. Driven by
the universal truth that women are the key to progress in their
communities and nations cannot move forward without women in
leadership positions, Vital Voices has provided early support for
leaders who went on to become Nobel Peace Prize Laureates, U.S.
Youth Poet Laureates, prime ministers, award-winning innovators,
pioneering human rights defenders, and breakthrough social
entrepreneurs, including Amanda
Gorman and Malala Yousafzai.
In an effort to advance and expand this work, in 2022 Vital Voices
opened the doors to the world's first global embassy for women, the
Vital Voices Global Headquarters for Women's Leadership. It is a
first-of-its-kind space that allows for convening, innovation,
planning, and action—all in the pursuit of serving women leaders
who are taking on the world's greatest challenges.
About Eco Wave Power Global AB (publ)
Eco Wave Power is a leading
onshore wave energy technology company that developed a patented,
smart and cost-efficient technology for turning ocean and sea waves
into green electricity. Eco Wave
Power's mission is to assist in the fight against climate
change by enabling commercial power production from the ocean and
sea waves.
The Company completed construction of and received all approvals
for its grid connected project in Israel, with co-investment from the Israeli
Energy Ministry, which recognized the Eco Wave Power's technology
as "Pioneering Technology." The EWP-EDF One station project marks
the first grid-connected wave energy system in Israeli history.
Eco Wave Power will soon commence
the installation of its newest pilot in AltaSea's premises in the
Port of Los Angeles, and plans to
move towards its first commercial installation in Portugal. In addition, the Company holds
concession agreements for commercial installations in Europe and has a total projects pipeline of
404.7MW.
Eco Wave Power received funding
from the European Union Regional Development Fund, Innovate UK and
the European Commission's Horizon 2020 framework program. The
Company has also received the "Global Climate Action Award" from
the United Nations.
Eco Wave Power's American
Depositary Shares (WAVE) are traded on the Nasdaq Capital
Market.
Read more about Eco Wave Power at
www.ecowavepower.com Information on, or accessible through,
the websites mentioned above does not form part of this press
release.
For more information, please contact:
Inna Braverman, CEO
Inna@ecowavepower.com
+97235094017
For media inquiries, please contact:
Jacob Scott, Vectis
Strategies
+14124457719
jscott@vectisstrategies.com
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. Forward-looking statements can be identified by
words such as: "anticipate," "intend," "plan," "goal," "seek,"
"believe," "project," "estimate," "expect," "strategy," "future,"
"likely," "may," "should," "will", or variations of such words, and
similar references to future periods. These forward-looking
statements and their implications are neither historical facts nor
assurances of future performance and are based on the current
expectations of the management of Eco Wave
Power and are subject to a number of factors, uncertainties
and changes in circumstances that are difficult to predict and may
be outside of Eco Wave Power's
control that could cause actual results to differ materially from
those described in the forward-looking statements. Therefore, you
should not rely on any of these forward-looking statements. Except
as otherwise required by law, Eco Wave
Power undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. More detailed information about the risks and
uncertainties affecting Eco Wave
Power is contained under the heading "Risk Factors" in
Eco Wave Power's Annual Report on
Form 20-F for the fiscal year ended December
31, 2022 filed with the SEC on April
27, 2023, which is available on the on the SEC's website,
www.sec.gov, and other documents filed or furnished to the SEC. Any
forward-looking statement made in this press release speaks only as
of the date hereof. References and links to websites have been
provided as a convenience and the information contained on such
websites is not incorporated by reference into this press
release.
The following files are available for download:
https://mb.cision.com/Main/18497/3867368/2402697.pdf
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