Inna Braverman, Founder and CEO of leading onshore wave energy technology company Eco Wave Power, has been awarded a prestigious accolade for women who have achieved a scientific or hi-tech related breakthrough. The Israeli Manufacturers Association (IMA) and Israel High-Tech Association (IHA) issued the award.

The award ceremony took place during the Women CEO Summit at the Israeli Stock Exchange, with 300 leading women from the Israeli hi-tech industry in attendance.

Michal Herzog, the wife of Israeli President Isaac Herzog, opened the Summit, saying: “We know that in order to live in a diverse, fair and flourishing society, we need women to be present in every conference room; that around any decision-making table, we will have women with strong opinions, voicing such opinions; and that women’s presence in the hi-tech sector and its leadership, will become obvious for all of us. We believe that the small number of women in the hi-tech industry is not derived from lack of talent, but from lack of opportunities. We are not asking for shortcuts but demand an equal opportunity.”

Significant contribution to Israel’s hi-tech industry

According to IMA and IHA, Ms. Braverman was chosen as the recipient of the award due to her significant contribution to the Israeli hi-tech industry, for her extensive activity and many years of leadership excellence filled with accomplishments, and for her contribution to Israeli society as a whole.

Eco Wave Power’s CEO said that she was “very grateful” to receive the prestigious honour. “Being a young woman in the energy field and developing an innovative wave energy technology has not always been an easy road, but your support and moments like this are what makes it all worthwhile,” said Ms. Braverman, who founded Eco Wave Power in 2011 and has since taken the company from a startup to a NASDAQ-listed company. “Thank you for supporting Eco Wave Power’s mission of changing the world, one wave at a time. I always say that passion is the greatest renewable energy source, and it is even stronger than the power of the waves. Keep believing!”

Progress in pioneering wave power technology

Eco Wave Power is currently finalising the construction of its grid-connected project in Israel, with co-investment from the Israeli Energy Ministry, which recognised the Eco Wave Power’s innovation as ‘Pioneering Technology’. It will soon commence the installation of its newest pilot in AltaSea’s premises in the Port of Los Angeles. The company also 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 programme. The wave power technology firm has also received the ‘Global Climate Action Award’ from the United Nations.