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Last updated on April 16, 2014 at 11:24 EDT

Sea Waves Power Stations to be Sent to Guinea Conakry

July 29, 2013

TEL AVIV, Israel, July 29, 2013 /PRNewswire/ –

Producing power from sea waves will solve Guinea Conakry’s energy problems and shall
save Millions of Dollars

SDE Energy Ltd., the world leader in the planning, construction and marketing of power
stations which produce electricity from sea waves, has signed an agreement with guinea
Conakry government for the development of a 100MW sea wave power plant along the coastline
of guinea Conakry. This project will help guinea Conakry become more independent and with
stable power supply that can solve all the energy problems these countries have.

SDE’s manufacturing costs are the lowest worldwide, at less than 5 cents per Kw/h and
1 million us dollars per 1 MW

        Quantity          Units
        - Production      - Kw/h              - 100,000
        - Hours per Year  - hours             - 8,760
        - Days without
          Waves           - percentage        - 25%
        - Efficiency      - percentage        - 90%
        - Total
        Production        - Kw/h yearly       - 591,300,000
        - Feed in Tariff
          $               - Kw/h              - 0.18
        - Total income $
          (gross)                             - 106,434,000
        - Costs per year
          ($)                                 - 8,335,000

                                       OSPREY
                                       (Wavegen)     S.D.E
                        Aquamarine
        Pelmais         Power          Scotland      Israel
        10 kw/h         12 kw/h        8 kw/h        25 kw/h         Utilization
                        ×oeALEPH                                      Production
        0.25$-0.40$     ×(TM)×"×--×¢       0.12$         0.05$           costs
                                                                     Cost of 1 Mw
        7-8 M$          NA             3-5M$         1 M$            power plant
                        High, many
        High, most      moving , parts               Low, only 10%
        model parts are and high                     of the system
        deep in sea     physical                     is under the
        water           deterioration  high          sea water level System risk
                                                                     Presence of
        50 meter waves  dependent      dependent     independent     wave

SDE was selected by a team of international scientists in PESWIKI website,
[http://peswiki.com/index.php/Congress:Top_100_Technologies_--_Categorized ] as number one
in the world in Sea Wave Energy Technologies to be the cheapest and most competitive cost
efficient renewable energy today in the market.
[http://www.youtube.com/watch?v=cvBIPFHVbbA ]

Due to the high oil prices and the rising costs of electricity
[http://www.craftysue.com/wordpress/2010/08/25/oil_energy_independence/#.TrjsY_Tz2Ok ], the
sea-wave energy production has emerged to become today a proper viable alternative for
renewable energy production. S.D.E is continuing to expand throughout the world.

SDE has signed agreements for the construction of power plants around the world
through joint ventures and agreements with companies that are backed by government
agencies.

Ecological Background:

As a result of global warming an ecologic disaster has been formed; 4 power plans have
been shut-down in Switzerland and additional 7 in Germany. All over US there is
electricity shortage already because no new coal neither atomic power-plants are built. In
addition, in the southern hemisphere a shortage has started due to diminishing
precipitation and as a result, hydro-electric power-plants have ceased activity, cause of
lack of river currents. WHO states that the number of people who die of pollution
annually, is twice as big as the number of people who die in car crashes and work
accidents altogether

3000 scientists worldwide have established that global warming is only getting worse,
due to the burning of fuels. The damage we see today is the damage that has been caused 20
years ago. In most parts of the world, precipitation has been diminished, especially in
Australia, South America, Asia, Africa and the countries of the Middle East. This
situation has caused African residents to migrate north towards Europe:

The energy crisis is now more than ever as a result of fuel combustion caused by
global warming. Fuels fossils composed mostly of carbon. When they burn, the carbon
released into the atmosphere mainly in the form of carbon dioxide. Today, the world
produces about 5 billion tons of carbon into the atmosphere each year. As a result, there
was a steady increase global atmospheric level of carbon dioxide. This increase along with
other gases including methane and ozone is a problem because these gases are gases of the
greenhouse effect – added infrared radiation that is released from the Earth heat so heat
that would otherwise have been lost in space trapped in the atmosphere, leading to
increased temperatures.

By global warming created ecological disaster, four nuclear power plants were shut
down in Switzerland and seven other Germany. Throughout the United States already has a
shortage of electricity because coal plants are being built and atomic. Also, in the
Southern Hemisphere power shortage due to dwindling rainfall and as a result, hydro
electro stations ceased operations due to lack of water flow in rivers. The World Health
Organization stated that the number of people dead as a result of air pollution is twice
bigger than the number of those who perished in road accidents and work accidents
combined.

Former Shell Oil CEO John Hofmeister, recently said
[http://www.craftysue.com/wordpress/2010/08/25/oil_energy_independence/#.TrjsY_Tz2Ok ] to
the British magazine ‘The Independent’, if once the price per barrel was $5, in the near
future it will be more than $150. He added that the countries that will not be able to
develop alternative sources of energy will go into bankruptcy

About SDE Energy Ltd:

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
[http://www.youtube.com/watch?v=cvBIPFHVbbA ]. The system takes advantage of the wave’s
[http://www.youtube.com/watch?v=aKRLEjQKctY&feature=related ] rise and decline,
approaching streams and returning streams, thus producing energy. A full-scale model was
operated in Israel and produced 60kW
[http://www.youtube.com/watch?v=UFXVNKmoi34&feature=fvwrel ] for almost a year. The model
has been verified and approved by experienced engineers.
[http://mendocoastcurrent.files.wordpress.com/2008/07/sdesketch_edited.jpg ] Currently, the
SDE Energy holds Letters of Intent and orders from state leaders and electric companies in
an approximate amount of US $1 billion dollars. For more information about SDE Energy,
please refer to the company’s website at http://www.sde.com.

        Contact Details:
        Mr. Shmuel Ovadia, CEO
        Tel: +972-(50)-5211683
        Fax: +972-(0)3-6319239
        E-mail: abe@shani.net
        Website: http://www.sde-energy.com

SOURCE SDE Ltd


Source: PR Newswire