Greentech Lead America: SDE, a sea wave energy technology
provider, has signed a strategic alliance with El Salvador’s El Esplendor
to execute Wave Power Technology in El Salvador and California.
SDE’s technology uses sea wave motion to generate
hydraulic pressure, which is then transformed into electricity. SDE’s system
produces clean energy without detrimental effects on the environment.
Initially the alliance will focus on develop a 1 MW Wave
power plant and a 10 MW commercial plant in El Salvador. The 1 MW
power plant will 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 plant will supply energy to El
Salvador’s tourist town of La Libertad.
PROESA, the Government Investment Promotion Agency
of El Salvador, is actively facilitating this Israeli-Salvadoran
initiative amongst government-related institutions like the National
Hydroelectric Power Corporation (CEL), Inversiones Energeticas (INE) and
programs fostering joint ventures between government and the private sector.
S.D.E in talks with Ecuador government to construct sea wave
energy power plants
S.D.E recently announced its plans to build its sea wave
energy power plants along the costal line of Ecuador main land and the island
of Galapagos. The Ministry of Electricity and Renewable Energy (MEER) has
invited SDE to introduce its technology. The Ecuadorian Government,
through MEER is encouraging production of electricity from clean energy.