WERPO in Discussions to Build Manufacturing Plant and Wave Energy Stations in India

WERPO wave energy
Image courtesy of WERPO.

Blackbird International Corporation, a wave energy technology company, announced a major milestone for the company.

It’s fully owned subsidiary, Wave Electricity Renewable Power Ocean WERPO was invited to meet the Indian Government in Gujarat, a State in Western India with a population of 60 Million.

Israel Enden from WERPO traveled to its capital, Ahmadabad and met the Cabinet Minister of Energy with his personnel and they have great interest in implementing WERPO’s technology to their state.

They introduced WERPO to GEDA, India’s Government agency dedicated to exploring new technologies in the renewable energy sector. The directors of the Institute are planning a trip to examine the WERPO power station model at WERPO’s headquarters in Tel Aviv. They expressed the interest to implement its technology all over India’s market of 1.1 Billion potential customers.

Most importantly, WERPO has also met investors in India who are willing to fund this technology and would like to set up a WERPO subsidiary in India to start building power stations. Construction would start in Gujarat with a 10 MW power station and eventually expanding all over India.

The cost to build a power station is one million dollars per MW and the maintenance is one-two Cents per KW. The selling price of 10 Cents per KW is much cheaper than all other renewable energies available today. This type of clean energy has potential for enormous profit margins.

Shmuel Ovadia, director at WERPO and inventor of its proprietary sea wave energy technology, stated, “India is one of WERPO’s strategic locations; it has the potential to supply enough energy for all of India due to the region’s vast expanse of ocean. This is most important since there is a growing demand of energy in India.”

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This post was prepared by Solar Thermal Magazine staff.

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