Ocean RusEnergy’s Wave Generators Go to South Africa

Business & Finance

Ocean RusEnergy's Wave Generators Go to South Africa

CEO of the South African company Masiqhame Trading 792cc, Mr. Heston Botha, has visited the office of Ocean RusEnergy in Yekaterinburg to sign a dealership contract on the trade of wave generators in South Africa.

Consequently, the first generator will be sent to East London in August. Also, two more Ocean 640 generators will be shipped to the port of East London, South Africa, for the installation of a demonstration wave power plant.

The South African company is engaged in wholesale sales of oil and gas, but it is actively looking to replace conventional energy sources and coal plants in southern Africa. Therefore, it agreed to a dealership agreement with the Russian company. Following the talks, Masiqhame Trading 792cc decided that the first device will go to South Africa these days – as a demonstration for future clients.

Moreover, a small power plant will be set up in the port basin of East London, where the municipal authorities will conduct testing of the equipment for 90 days.

Mr. Botha revealed that his company also plans to enter the market in the neighboring countries – Tanzania, Mozambique and even Madagascar.

[mappress]

Press release, August 9, 2013; Image: Ocean RusEnergy