Israel-based SDE Energy Ltd has signed an agreement with the Conakry government for the development of a 100MW sea wave power plant along the coastline of Guinea Conakry, West Africa.
This project is intended to help Conakry become more independent and with a stable power supply that can solve all its energy problems.
Due to the high oil prices and the rising costs of electricity, sea-wave energy production has emerged to become today a proper viable alternative for renewable energy production. S.D.E says it is continuing to expand throughout the world.
The company adds that it has signed agreements worldwide for the construction of power plants through joint ventures and agreements with companies that are backed by government agencies.
SDE Energy Ltd., headquartered in Tel Aviv, Israel, is the owner of a unique, patented technology that produces electricity from sea waves. SDE's technology involves the use of sea wave motion to generate hydraulic pressure, which is then transformed into electricity . The system takes advantage of the wave's rise and decline, approaching streams and returning streams, thus producing energy.