As part of the project, SDE Israel says it wants to create a string of partnerships with Indian companies including among the Indian automobile industry. The intention, it says, is to create wave power plants with a total capacity of 100 MW.
SDE says it has developed a unique sea wave power plant for generating electricity from wave power at a cost of only two cents per kWh: "Essentially it consists of a series of buoys positioned on top of a breakwater which moves up and down with the motion of the waves. This generates hydraulic pressure which is then transformed into electricity", a company information source said.
SDE reports that it has built 11 models of sea wave power plants, including one model currently deployed in China. A second model is being currently being constructed in Israel.