Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Eco Wave Power Global AB (publ) is a publicly listed renewable energy company focused on the development and commercialization of onshore wave energy technology. The company operates within the renewable energy and clean technology industries, specializing in converting ocean and sea wave motion into electricity using proprietary, land-based infrastructure. Its primary revenue drivers are technology licensing, project development, and long-term power generation agreements tied to wave energy installations.
The company is positioned as a niche player within marine energy, emphasizing cost-efficient, scalable, and environmentally low-impact solutions compared with offshore wave systems. Founded in 2011, Eco Wave Power originated as a technology venture aimed at addressing the high costs and maintenance risks of traditional wave energy. It evolved into a publicly traded company through its listing on Nasdaq First North Growth Market in Sweden and later on the Nasdaq Capital Market in the United States under the ticker WAVE.
Business Operations
Eco Wave Power’s operations center on the development, deployment, and monetization of its proprietary wave energy conversion technology, which uses floaters attached to existing marine structures such as breakwaters and piers. The company generates revenue through project ownership, electricity sales, and licensing of its technology to third-party developers. Its core business activities are organized around wave energy project development, technology licensing, and power generation.
Operationally, the company conducts pilot projects and commercial installations in multiple countries while maintaining research, engineering, and administrative functions through its subsidiaries, including Eco Wave Power Sweden AB and Eco Wave Power Gibraltar Ltd. It controls intellectual property related to hydraulic power take-off systems, monitoring software, and grid-connection mechanisms, and collaborates with port authorities and energy utilities to integrate its systems into existing infrastructure.
Strategic Position & Investments
Strategically, Eco Wave Power is focused on expanding commercial-scale wave energy projects and securing long-term power purchase agreements to validate wave energy as a reliable renewable source. Growth initiatives include scaling existing pilot installations into larger arrays, entering new coastal markets, and forming strategic partnerships with infrastructure owners and energy companies.
The company has invested in and developed flagship projects in Europe, the Middle East, and North America, including grid-connected wave energy facilities. Its strategy emphasizes leveraging public funding programs, government-backed renewable energy incentives, and joint development agreements rather than capital-intensive offshore deployments. The company’s investments are concentrated in wave energy technology refinement and regulatory approvals rather than diversification into unrelated energy sectors.
Geographic Footprint
Eco Wave Power operates internationally, with corporate and operational activities spanning Europe, the Middle East, and North America. The company is incorporated in Sweden, with operational headquarters in Israel, reflecting its dual European and Middle Eastern presence. Key project sites include Gibraltar, Israel, Portugal, and the United States, where it has advanced development initiatives.
Its global footprint is shaped by coastal regions with supportive renewable energy policies and suitable marine infrastructure. While revenue-generating installations remain limited, the company maintains a growing pipeline of international projects and feasibility studies, positioning it for broader geographic expansion as wave energy adoption increases.
Leadership & Governance
Eco Wave Power was co-founded by entrepreneur and engineer Inna Braverman, who continues to lead the company’s strategic and technological vision. The leadership team emphasizes innovation, cost discipline, and the integration of renewable energy into existing infrastructure as a pathway to commercial viability. Governance reflects a combination of founder-led strategy and oversight aligned with public market standards.
Key executives include:
- Inna Braverman – Chief Executive Officer
- David Leb – Chairman of the Board and Co‑Founder
- Eyal Malis – Chief Financial Officer
The leadership philosophy centers on long-term sustainability, technological validation through real-world deployments, and disciplined expansion supported by regulatory compliance and strategic partnerships.