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Eco Wave Power Strengthens Management – Appoints New Vice President of Engineering to Accelerate Execution of the Company’s Projects in the USA, Taiwan and Portugal

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Eco Wave Power Appoints Ran Atias as VP of Engineering – Atias Brings Vast Tech Leadership, Aiming to Drive Innovation and Accelerate Projects Delivery

TEL AVIV, Israel, Nov. 4, 2024 /PRNewswire/ — Eco Wave Power Global AB (publ) (Nasdaq: WAVE) (“Eco Wave Power” or the “Company”), a leading, publicly traded onshore wave energy technology company announced today the appointment of Ran Atias as Vice President of Engineering for the Eco Wave Power Group.

Mr. Atias will begin his employment immediately and will be based in Eco Wave Power’s headquarters in Tel Aviv, Israel. 

Mr. Atias holds an MBA and a B.Sc. in Mechanical Engineering from Ben-Gurion University and joins Eco Wave Power with a broad experience in the management of high-complexity mega projects, driving research and development, and managing diverse engineering teams. With more than 10 years of engineering experience, Ran has demonstrated success in product scaling across a variety of industries, including the automotive, defence and robotics industries. 

Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power, stated: “Ran brings an agile spirit to product and engineering teams. I believe that by challenging the status quo, he will be able to increase engineering efficiency and accelerate project delivery timelines. This will enable Eco Wave Power to execute more projects faster, which will drive the Company’s worldwide growth.”

“Thus far, Eco Wave Power has executed two grid connected projects (in Gibraltar and in Israel, in Collaboration with EDF Renewables IL) and is currently moving forward with its third, fourth and fifth projects in parallel. We have officially kicked-off the development and implementation of our first U.S.-based project in the Port of Los Angeles (with co-investment from Shell MRE), Taiwan (as part of a sale agreement entered with I-Ke International Ocean Energy Co.) and in Portugal (our first commercial project). As we plan to add more projects into our execution plans in the upcoming months and enhance the Company’s revenues, I believe that Ran will have a strategic value in achieving the Company’s goals,” added Ms. Braverman.

Mr Atias stated: “What attracted me to Eco Wave Power was the ability to transform the entire renewable energy industry. I am excited to join Eco Wave Power’s leadership team and leading its engineering team to contribute to Eco Wave Power’s success as the Company progresses to the next phase of its commercialization strategy.”

Mr. Atias will oversee all aspects of the Company’s engineering functions to facilitate alignment with its broader goals and objectives. He will be responsible for expanding the Company’s strategic technology development and implementation.

This strategic addition to its executive team underscores Eco Wave Power’s unwavering commitment to driving innovation and leadership within the wave energy industry, while accelerating the delivery of projects.

About Eco Wave Power Global AB (publ)

Eco Wave Power is a leading onshore wave energy 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 owns and operates a grid connected wave energy project in Israel, with co-investment from EDF Renewables IL and the Israeli Energy Ministry, which recognized Eco Wave Power’s technology as “Pioneering Technology.” The Israeli wave energy project marks the first grid-connected wave energy system in Israel’s history.

Eco Wave Power will soon commence the installation of its third and fourth wave energy projects, in the Port of Los Angeles, and in Portugal. The Company also holds a total projects pipeline of 404.7 MW.

Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission’s Horizon 2020 framework program and was honoured with 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

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. For example, the Company is using forward-looking statements in this press release when it discusses the potential benefits that Mr. Atias will bring to the Company and his strategic value in achieving the Company’s goals, the Company’s plans to add more projects into its execution plans in the upcoming months and enhance the Company’s revenues. 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, 2023 filed with the SEC on March 28, 2024, 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.

For more information, please contact the Company at:
info@ecowavepower.com
+97235094017

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/ewpg-holding-ab–publ-/r/eco-wave-power-strengthens-management—appoints-new-vice-president-of-engineering-to-accelerate-exe,c4060737

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AMITY UNIVERSITY MADHYA PRADESH RANKED #278 IN QS ASIAN UNIVERSITY RANKINGS – SOUTHERN ASIA 2025

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GWALIOR, India, Nov. 25, 2024 /PRNewswire/ — Amity University Madhya Pradesh has earned a notable rank of #278 in the prestigious QS Asian University Rankings – Southern Asia 2025 and has been featured in the band of 851-900 in the Asian University Rankings. This achievement is a testament to Amity University Madhya Pradesh’s dedication in the field of education, provided through its state-of-the-art facilities, labs, experienced faculty and industry partnerships.

The QS Asia University Rankings, a worldwide recognized benchmark for evaluating higher education institutions, measures universities against various criteria. The QS World University Rankings portfolio has become the leading source of comparative data on university excellence and performance.

Speaking about the recognition, Lt Gen VK Sharma, Pro-Chancellor, Amity University Madhya Pradesh, said, “It is truly an honour for us to be recognized in the QS Asia University Rankings 2025: Southern Asia. This recognition validates our persistent efforts to provide the highest quality of education to students across the country, particularly in Madhya Pradesh and surrounding regions. We remain committed to empowering communities through our students and helping the state reach new heights through learning, innovation and research.”

Amity University Madhya Pradesh is an innovation and research-driven university that remains a forerunner in providing world-class education and has consistently attained high rankings in a variety of disciplines. Its courses are evaluated on a regular basis to ensure that they meet course objectives based on input on placement, employability, and the most recent technological advancements. The university’s faculty and students are encouraged to conduct industry-oriented, cutting-edge research at the institution, and faculty members have been successful in getting several sponsored projects from various state and national funding agencies.

About QS World University Rankings

The QS World University Rankings portfolio, established in 2004, evaluates institutions across a multitude of parameters including Research & Discovery, Learning Experience, Global Engagement and Employability.

About Amity University Madhya Pradesh

Amity University Madhya Pradesh (AUMP) was established with the view to promote professional, industry-oriented education in the state of Madhya Pradesh. In Gwalior, it is located on a sprawling campus of 102 acres of land opposite Gwalior Airport, imparts modern, practical and research-oriented courses which lead to the development of professionals who are employable and industry ready. This in turn drives the socio-economic upliftment of the region.

Amity University Gwalior offers undergraduate and post-graduate courses in management, engineering, architecture, biotechnology, law, journalism & mass communication, behavioral science, Psychology, fashion, Pharmacy and more. It is a NAAC Accredited University.

Photo: https://mma.prnewswire.com/media/2563148/Campus_AMITY_UNI_MP.jpg
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Tuya Smart Presented at the China Pavilion of COP29, Advocating for a Zero Carbon Future

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NEW YORK, Nov. 25, 2024 /PRNewswire/ — On November 16, 2024, the side event titled “Dialogue with the World: Building a Sustainable Ecosystem for a Zero Carbon Future” took center stage at the China Pavilion of COP29. This event focused on energy transformation, introducing technological innovations such as the digital empowerment of green supply chains. The event fostered international collaboration, elevated public awareness of climate change, and underscored its essential role in the global climate governance agenda.

The event commenced with addresses from Liu Zhenmin, Special Envoy for Climate Change of China; Wang Shi, Founder of Vanke Group and DeepRock Group and Chairman of Vanke Foundation; and John Cotton, Program Manager of Southeast Asia Energy Transition Partnership of the United Nations Office for Project Services. Additionally, representatives from leading enterprises driving energy innovation, including HSBC Group and Tuya Smart, enriched the discussion with their insights.

New productive forces aligned with sustainability emerged as a central theme, with the session emphasizing the vital role of innovative technologies and global partnerships in driving energy transformation. Participants from diverse countries and industries actively contributed ideas, united in their mission to become key contributors and advocates for a greener, more sustainable future.

Wang Shi, Founder of Vanke Group and DeepRock Group, and Chairman of Vanke Foundation, shared his insights on technological innovation and international cooperation in the global energy sector. Highlighting the success of partnerships between China and Indonesia, Wang emphasized their role as a benchmark for advancing the green development of the Belt and Road Initiative. He called on all stakeholders to collaborate in building a sustainable, green Belt and Road framework. 

John Cotton, Program Manager of Southeast Asia Energy Transition Partnership of the United Nations Office for Project Services, underscored the importance of maximizing supply chain cooperation to achieve meaningful energy transitions. “Without enhanced collaboration in the supply chain, true energy transition is unattainable,” Cotton stated. He further advocated for embracing innovative technologies to attract investment, foster balanced energy transitions, and create new jobs and skills for a sustainable future.

Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart, delivered a keynote address at the China Pavilion, where she outlined Tuya’s groundbreaking “Smart Decarb” initiative. This initiative leverages smart technology to enable businesses and households to independently adopt climate-friendly practices. “Tuya stands at the convergence of the smart and green technology revolutions,” Na remarked. “By harnessing AI to deepen smart applications and promoting commercial smart technology across industries, we are advancing the widespread implementation of green solutions. In carbon reduction, Tuya integrates smart technology into every stage of the energy chain, enabling public participation and paving the way for a truly zero-carbon future.”

Christian Déséglise, Head of Sustainable Infrastructure and Innovation at HSBC Group, highlighted the transformative potential of the energy transition, describing it as the “future economy.” He emphasized the multifaceted market opportunities it creates for innovative enterprises, supply chains, and companies providing essential infrastructure for this shift. “To achieve a zero-carbon transition,” Déséglise stated, “HSBC is committed to providing the necessary financial support. From now until 2030, we will allocate $750 billion to $1 trillion to drive green transformations and ensure the successful implementation of this critical change.”

Beyond offering forward-thinking perspectives, the mature solutions showcased by smart technology-driven enterprises—the “emerging forces” at COP29—garnered significant attention from attendees. Tuya’s smart energy management system, for instance, received interest from energy and power companies across multiple regions. These innovative solutions are already being implemented in Europe, the Middle East, and Singapore. Notably, in Singapore, Tuya partnered with clients to deliver a Home Energy Management System (HEMS) that enables households to reduce energy consumption. The most energy-efficient households achieved savings of up to 50%, providing tangible examples for businesses and organizations aiming to adopt smart energy practices.

As the human race confronts the urgent challenge of reducing carbon emissions over the next 30 years, smart technologies offer unprecedented and accelerated opportunities for carbon reduction. The China Pavilion of the COP29 focused on technology-driven energy transformation as a central theme, offering critical insights into the future of the energy sector. Tuya Smart remains committed to innovation and collaborative progress. Embracing the momentum of the times, Tuya aims to provide robust technology and an open, neutral ecosystem to support global energy transitions. By launching increasingly localized energy solutions and partnering with stakeholders worldwide, Tuya is dedicated to advancing global climate action and fostering a greener, more sustainable future.

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SOURCE Tuya Smart

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Leading Experts Tackle AI, Cybersecurity, and IoT Governance at Hangzhou Side Event of 2024 World Internet Conference

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HANGZHOU, China, Nov. 25, 2024 /PRNewswire/ — At a side event held during the 2024 World Internet Conference in Wuzhen, experts in cybersecurity, AI, and IoT governance convened in Hangzhou to explore emerging trends and global regulatory challenges. Organized by the Research Center for Global Cyberspace Governance (RCGCG), the forum highlighted the pressing need for international cooperation in addressing the evolving complexities of the digital landscape.

Opening the forum, Lu Chuanying, Director of RCGCG, emphasized the importance of establishing global cyber norms in the face of rapid technological advancements. “As cyber issues grow more sophisticated, we must develop frameworks to protect data and ensure responsible technology use,” Lu said. He called for enhanced global cooperation to tackle the complex challenges of the digital age.

Experts and professionals from institutions such as the Ecole Polytechnique, Albright Stonebridge Group, the Leiden University, the Amsterdam University, and the Shanghai Association of AI and Social Development shared their insights on AI governance. They discussed AI’s transformative potential while emphasizing the need for regulatory frameworks, they noted that governments are working to balance safety with fostering innovation, aiming to prevent unintended consequences while promoting technological growth.

Geopolitical tensions surrounding supply chain security, particularly in industries like semiconductors, were also discussed. The experts noted that the race to secure supply chains is reshaping the global tech landscape, with companies needing to be agile and adapt to these shifting dynamics. Increased regulatory pressure in key markets was identified as a significant factor influencing business strategies.

Tuya Smart, a leader in AIoT solutions, highlighted its ongoing efforts to address these concerns. Holmes Chen, representing the company, emphasized the importance of staying ahead of regulatory changes and ensuring that AI-driven devices meet global security standards. “We are committed to enhancing the security of our AIoT systems while ensuring they remain safe, reliable, and compliant,” Chen stated, reflecting the broader industry commitment to developing secure technologies.

The forum concluded with a call for greater international collaboration to ensure a secure and ethical digital future. Panelists agreed that the fast pace of technological innovation requires a coordinated global approach to governance. As cybersecurity and AI continue to reshape industries, the need for comprehensive frameworks that address both risks and opportunities is critical.

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SOURCE Tuya Smart

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