SDE Receives a 25 Year Concession for Selling Electricity to an African Country

In the wake of the global financial crisis and the growing global awareness of green energy, SDE Energy Ltd., a developer of an innovative technology for sea wave power generation, has recently received a 25 year concession to build sea wave power plants with a total capacity of 100MW from a Moslem country in Africa. The cost of this project is US $100 million dollars and the expected revenues from the electricity sold are estimated to be approximately... Read more..