Israel, El Salvador Form Alliance to Execute Wave Power Projects

Israel’s SDE Wave Power Plants company and El Salvador’s El Esplendor Development Corp have announced an alliance to execute Wave Power Technology in El Salvador and California.

SDE is a world leader in the planning, building and marketing of power stations that produce power from sea waves.

SDE was recently selected by a team of international scientists in PESWIKI website, as number one in the world in Sea Wave Energy Technologies, and was ranked among the Top 100 Clean Energy Technologies.

The company’s methods consist of using sea wave motion to generate hydraulic pressure, which is then transformed into electricity. The system takes advantage of the wave’s speed, height, depth, rise and fall, and the flow beneath the approaching wave, thus producing energy. SDE’s system produces clean energy without detrimental effects on the environment.

SDE CEO Mr. Shmuel Ovadia will start by transferring the knowhow, knowledge and technology in Israel to the CEO of El Esplendor, Mr. Raul Cornejo.

Mr. Ovadia will then map specific places along the Salvadoran and Californian coastlines to build Wave Power Plants.

This initial stage of the alliance includes design and construction of two Wave Power Plants in El Salvador:

The first is a 1 MW power plant to supply energy to a high-end surfers’ resort in development, located next to Punta Mango, a surf wave attracting surfers from North & South America.

The second one is a 10 MW commercial plant to supply energy to El Salvador’s tourist town of ‘La Libertad.’

[mappress]

Offshore WIND staff, July 29, 2012; Image: SDE