Alternative Energy Company EWP Raises $13.6 Million on Nordic IPO
EWP designs and manufacturers wave energy converters, which are devices that use wave motion to spin a generator and produce energy
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Founded in 2011 in Tel Aviv by CEO Inna Braverman and former chairman David Leb, EWP designs and manufacturers wave energy converters. The company's devices employ uniquely shaped floaters, and their motion is transmitted to land-based power stations via attached arms. The waves’ motion energy is converted to fluid pressure and used to spin a generator, producing energy.interview with Calcalist, Braverman said they have decided to list in Sweden due to its widespread adoption of renewable power sources and its investors therefore being more open to the sector.