EWP

Groq® and Earth Wind & Power to Build AI Compute Center for Europe in Norway that May Rival Tech Giant Scale

Retrieved on: 
Monday, April 22, 2024
GDPR, AI, Venture capital, Meta, LOI, Freedom, Letter, Nvidia, EWP, Conservative Party (United States), Microsoft, GPU

MOUNTAIN VIEW, Calif., April 22, 2024 /PRNewswire/ -- Groq, the only provider of real-time AI inference solutions for generative AI (GenAI), has signed a Letter of Intent with Earth Wind & Power to develop the first European vertically-integrated AI Compute Center, located in Norway. The second deal of its kind from Groq in the last two months, the deployment of the Groq LPU™ Inference Engine in Norway will provide Norwegians, European and NATO-allied countries with the lowest cost, most energy-efficient, scalable access to inference compute – the specific type of compute needed as the world shifts from training to powering GenAI applications. This AI Compute Center will also ignite the generative age economy in Norway and the EU by powering GenAI solutions and providing investors with an early opportunity to participate in the inference market.

Key Points: 
  • MOUNTAIN VIEW, Calif., April 22, 2024 /PRNewswire/ -- Groq , the only provider of real-time AI inference solutions for generative AI (GenAI), has signed a Letter of Intent with Earth Wind & Power to develop the first European vertically-integrated AI Compute Center, located in Norway.
  • In accordance with the LOI, Groq has committed to deploy and operate 21,600 LPUs at EWP's AI Compute Center in 2024.
  • GPUs are notoriously thirsty for power, often requiring as much power as the average household per chip.
  • Tai closed the session by noting the world "won't have enough compute unless technologies like [Groq] come into play."

Eco Wave Power Signed a Contract with a Major Energy Company for a Demonstration to Harness Energy from the Waves at the Port of Los Angeles

Retrieved on: 
Thursday, April 11, 2024
Motion, Senate, Legislation, EWP, Port, Renewable energy

LOS ANGELES, April 11, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company") today announced that it has entered an agreement with a major energy company (full name can be seen in the Company's recent 20-F report) to participate in the development of Eco Wave Power's first project in the United States.

Key Points: 
  • Recently, Eco Wave Power announced that it has conducted a comprehensive feasibility study, with the same major energy company, aimed at identifying the top locations for commercial onshore wave energy stations along the U.S. coastline and worldwide.
  • In the study, Eco Wave Power has pointed out to at least 77 sites in the U.S. which may be compatible for the implementation of the Eco Wave Power technology.
  • In August 2023, Eco Wave Power officially connected its landmark EWP-EDF One power station in Tel Aviv to the grid – the first time wave energy has provided power to Israel's national energy grid.
  • Wave energy has continued to gain significant momentum in the United States since Eco Wave Power first announced its pilot station at the Port of Los Angeles.

Eco Wave Power Signed a Contract with a Major Energy Company for a Demonstration to Harness Energy from the Waves at the Port of Los Angeles

Retrieved on: 
Thursday, April 11, 2024
Motion, Senate, Legislation, EWP, Port, Renewable energy

LOS ANGELES, April 11, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company") today announced that it has entered an agreement with a major energy company (full name can be seen in the Company's recent 20-F report) to participate in the development of Eco Wave Power's first project in the United States.

Key Points: 
  • Recently, Eco Wave Power announced that it has conducted a comprehensive feasibility study, with the same major energy company, aimed at identifying the top locations for commercial onshore wave energy stations along the U.S. coastline and worldwide.
  • In the study, Eco Wave Power has pointed out to at least 77 sites in the U.S. which may be compatible for the implementation of the Eco Wave Power technology.
  • In August 2023, Eco Wave Power officially connected its landmark EWP-EDF One power station in Tel Aviv to the grid – the first time wave energy has provided power to Israel's national energy grid.
  • Wave energy has continued to gain significant momentum in the United States since Eco Wave Power first announced its pilot station at the Port of Los Angeles.

Eco Wave Power Announces 1,076% Revenue Increase, Investment Agreement with Major Energy Company for its LA Project, and Final License for the Construction of its First Commercial Project in Portugal

Retrieved on: 
Monday, April 1, 2024
Predictability, Law, 20F, Enphase Energy, History, Transport, Bank statement, EWP, Investment, European, The Annual Report, Marketing, Chevron Corporation, Research, Plug Power, Senate, Innovation, Electricity, Annual report, Climate change, Shell, Telephone, Green Deal, Replay, Area studies, University, Hitachi, Innovate UK, WAVE, Port, Engineering, Consultant, Toshiba, Corps, University of Manchester, Operating cost, CNN, NextEra Energy, American depositary receipt, Engineer, GBP, SolarEdge, SFSA, Energy, Renewable energy

Since then, the project has been supplying electricity harnessed from the power of the waves to the Israeli national electric grid.

Key Points: 
  • Since then, the project has been supplying electricity harnessed from the power of the waves to the Israeli national electric grid.
  • We believe this will be the first wave energy project in the world to show significant energy production from the power of the waves.
  • In 2023, Eco Wave Power also conducted several feasibility studies that enabled us and our clients to explore new markets for wave energy implementation.
  • I believe in Eco Wave Power's team, in Eco Wave Power's technology, and in the global ambition to fight climate change.

Eco Wave Power Announces 1,076% Revenue Increase, Investment Agreement with Major Energy Company for its LA Project, and Final License for the Construction of its First Commercial Project in Portugal

Retrieved on: 
Monday, April 1, 2024
Predictability, Law, 20F, Enphase Energy, History, Transport, Bank statement, EWP, Investment, European, The Annual Report, Marketing, Chevron Corporation, Research, Plug Power, Senate, Innovation, Electricity, Annual report, Climate change, Shell, Telephone, Green Deal, Replay, Area studies, University, Hitachi, Innovate UK, WAVE, Port, Engineering, Consultant, Toshiba, Corps, University of Manchester, Operating cost, CNN, NextEra Energy, American depositary receipt, Engineer, GBP, SolarEdge, SFSA, Energy, Renewable energy

Since then, the project has been supplying electricity harnessed from the power of the waves to the Israeli national electric grid.

Key Points: 
  • Since then, the project has been supplying electricity harnessed from the power of the waves to the Israeli national electric grid.
  • We believe this will be the first wave energy project in the world to show significant energy production from the power of the waves.
  • In 2023, Eco Wave Power also conducted several feasibility studies that enabled us and our clients to explore new markets for wave energy implementation.
  • I believe in Eco Wave Power's team, in Eco Wave Power's technology, and in the global ambition to fight climate change.

Eco Wave Power Files its Annual Report on Form 20-F for the Year Ended December 31, 2023, and Announces Significant Progress in Full Year 2023 Financial and Operational Results

Retrieved on: 
Friday, March 29, 2024
Law, 20F, Enphase Energy, History, Transport, Bank statement, EWP, Investment, European, The Annual Report, Marketing, Chevron Corporation, Research, Plug Power, Senate, Innovation, Electricity, Annual report, Climate change, Shell, Telephone, Green Deal, Replay, Area studies, University, Net, Hitachi, Innovate UK, WAVE, Port, Engineering, Consultant, Toshiba, University of Manchester, Construction, Operating cost, CNN, NextEra Energy, Engineer, GBP, SolarEdge, SFSA, Energy, Renewable energy

STOCKHOLM, March 29, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (Nasdaq: WAVE), a leading, publicly traded onshore wave energy technology company, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").

Key Points: 
  • The total amount of the grant is GBP 1,499,644 (approximately $1.9 million), out of which Eco Wave Power's share will be GBP 456,500 (approximately $580 thousand).
  • Since then, the project has been supplying electricity harnessed from the power of the waves to the Israeli national electric grid.
  • In 2023, Eco Wave Power also conducted several feasibility studies that enabled us and our clients to explore new markets for wave energy implementation.
  • I believe in Eco Wave Power's team, in Eco Wave Power's technology, and in the global ambition to fight climate change.

Eco Wave Power Files its Annual Report on Form 20-F for the Year Ended December 31, 2023, and Announces Significant Progress in Full Year 2023 Financial and Operational Results

Retrieved on: 
Friday, March 29, 2024
Law, 20F, Enphase Energy, History, Transport, Bank statement, EWP, Investment, European, The Annual Report, Marketing, Chevron Corporation, Research, Plug Power, Senate, Innovation, Electricity, Annual report, Climate change, Shell, Telephone, Green Deal, Replay, Area studies, University, Net, Hitachi, Innovate UK, WAVE, Port, Engineering, Consultant, Toshiba, University of Manchester, Construction, Operating cost, CNN, NextEra Energy, Engineer, GBP, SolarEdge, SFSA, Energy, Renewable energy

STOCKHOLM, March 29, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (Nasdaq: WAVE), a leading, publicly traded onshore wave energy technology company, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").

Key Points: 
  • The total amount of the grant is GBP 1,499,644 (approximately $1.9 million), out of which Eco Wave Power's share will be GBP 456,500 (approximately $580 thousand).
  • Since then, the project has been supplying electricity harnessed from the power of the waves to the Israeli national electric grid.
  • In 2023, Eco Wave Power also conducted several feasibility studies that enabled us and our clients to explore new markets for wave energy implementation.
  • I believe in Eco Wave Power's team, in Eco Wave Power's technology, and in the global ambition to fight climate change.

Boise Cascade Company Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 20, 2024
Other Natural Resources, Forest Products, Other Construction & Property, Residential Building & Real Estate, Natural Resources, Construction & Property, Acquisition, Depreciation, EWP, United States Census Bureau, Share repurchase, BMD, Transport, Growth, Sale, Boise Cascade, History, Optimism, Public expenditure, Wood, Housing, Environment

For the year ended December 31, 2023, sales decreased $1,464.9 million, or 19%, to $6,178.7 million from $7,643.6 million in 2022.

Key Points: 
  • For the year ended December 31, 2023, sales decreased $1,464.9 million, or 19%, to $6,178.7 million from $7,643.6 million in 2022.
  • Boise Cascade ended fourth quarter 2023 with $949.6 million of cash and cash equivalents and $395.9 million of undrawn committed bank line availability, for total available liquidity of $1,345.5 million.
  • For the year ended December 31, 2023, the Company paid common stock dividends of $346.5 million, or $8.70 per share.
  • For the year ended December 31, 2023, the Company paid $6.4 million for the repurchase of 75,678 shares of our common stock.

Consortium including Eco Wave Power, Toshiba, Hitachi Energy, and UK Universities Secure £1.5 Million Grant to Develop Wave-Powered Microgrid for Island in Thailand

Retrieved on: 
Thursday, February 8, 2024
Electricity, Hitachi, Economics, PEA, AIT, University, Quality of life, TEL, Organization, University of Manchester, Innovate UK, Innovation, QMUL, Research, WEC, EWP, Renewable energy

TEL AVIV, Israel, Feb. 8, 2024 /PRNewswire/ -- Eco Wave Power Global (Nasdaq: WAVE) ("Eco Wave Power" or the "Company" or "EWP"), a leading, publicly traded onshore wave energy company, is pleased to announce that  it has won a £1.5 million grant (the "Grant") as part of a consortium led by Toshiba (U.K.) and Aquatera (U.K.) to design a pilot microgrid project for a remote island in Thailand.

Key Points: 
  • The £1.5 million grant is part of Innovate UK's Energy Catalyst program Round 10, which supports U.K. and international businesses and organizations in developing market-focused technologies that provide clean, affordable and accessible energy..
  • The consortium will utilize the onshore Wave Energy Converters (WECs) developed by EWP and implement advanced technology developed by the corporate partners and the university teams.
  • Professor Guang Li, of the University of Manchester, said: "This is a second grant from Innovate UK for the development and commercialization of the Eco Wave Power's technology.
  • I also believe with our great partners we can achieve all of our objectives in this project".

Consortium including Eco Wave Power, Toshiba, Hitachi Energy, and UK Universities Secure £1.5 Million Grant to Develop Wave-Powered Microgrid for Island in Thailand

Retrieved on: 
Thursday, February 8, 2024
Electricity, Hitachi, Economics, PEA, AIT, University, Quality of life, TEL, Organization, University of Manchester, Innovate UK, Innovation, QMUL, Research, WEC, EWP, Renewable energy

TEL AVIV, Israel, Feb. 8, 2024 /PRNewswire/ -- Eco Wave Power Global (Nasdaq: WAVE) ("Eco Wave Power" or the "Company" or "EWP"), a leading, publicly traded onshore wave energy company, is pleased to announce that  it has won a £1.5 million grant (the "Grant") as part of a consortium led by Toshiba (U.K.) and Aquatera (U.K.) to design a pilot microgrid project for a remote island in Thailand.

Key Points: 
  • The £1.5 million grant is part of Innovate UK's Energy Catalyst program Round 10, which supports U.K. and international businesses and organizations in developing market-focused technologies that provide clean, affordable and accessible energy..
  • The consortium will utilize the onshore Wave Energy Converters (WECs) developed by EWP and implement advanced technology developed by the corporate partners and the university teams.
  • Professor Guang Li, of the University of Manchester, said: "This is a second grant from Innovate UK for the development and commercialization of the Eco Wave Power's technology.
  • I also believe with our great partners we can achieve all of our objectives in this project".