A new project turning waves from the ocean into renewable energy has launched at the Port of Los Angeles on Tuesday morning.

Eight blue steel floats that appear to be small boats were launched by Eco Wave Power at AltaSea's ocean institute in a channel at the Port of Los Angeles, attached to an unused wharf.

The floats splash into the water, generating a small amount of electricity that can be used locally, with the larger goal of proving that ocean waves can be harnessed and turned into renewable energy.

"In 2011, I founded Eco Wave Power with one mission: to turn the natural and endless power of the waves into clean electricity," said Inna Braverman, the founder and CEO of Eco Wave Power (Nasdaq: WAVE).

The Department of Energy estimates that waves off the coasts of the U.S. gen

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