SDE Receives Approval for a 100MW Power Plant Project From the Ministry of Energy in Kenya

By Sde Ltd, PRNE
Sunday, January 30, 2011

TEL-AVIV, Israel, January 31, 2011 - SDE ( Energy has announced today that
the Ministry of Energy in Kenya has granted official approval for the
establishment of a 100MW power plant on the Kenyan coastline. The
installation of the power plant will be executed in cooperation with local
company Sea Wave Gen. SDE has recently signed an agreement in Mexico
for the establishment of a 1MW power plant.

The 100MW power plant will be installed along the shores of
Kenya, with a production cost of $0.02 per 1KW, while the produced energy
will be bought by the local electric company KPLC (
with a tariff of $0.08 per 1KW.

Sea wave energy production is an innovative technology with great
potential. The waves are created as a result of the winds on the surface of
the ocean. Energy production factors include the velocity of the wind as a
factor of the wave height; the wind's consistency; the ocean surface area,
its depth, and its topography. It is this energy that the technology of SDE
is interested in harnessing and using as a green and renewable energy source.

The U.N. Development Program report (UNDP), released at the
beginning of November, declared that widespread methods of power production
cause tremendous large-scale harm to the environment and contribute to
man-made climate change.

The effects of global warming show us the necessity of green
renewable energy. The heat waves, floods, and other natural disasters that
occur in every continent have created an urgent need for nations to adopt
alternative energy production.

SDE's sea wave energy production method is the ideal solution
for the severe pollution and electrical shortage in Kenya. The technology
enables production of energy in a clean and cost-efficient manner, which will
reduce the environmental pollution without damaging the industrial and
financial growth in Kenya, which is restricted as a result of the electric

SDE's sea wave energy production is unique, innovative and
cost-efficient. The system is considered as most efficient and offered in a
competitive price-the price for construction of a 1MW power plant operated by
S.D.E. amounts to $650,000, compared to costs amounting to $1,500,000 for
coal, $900,000$ for gas, $3,000,000 for solar energy, and $1,500,000 for wind
power. S.D.E. offers a rate of 2Cent per kW, compared to 3Cent for coal,
3.5Cent for gas, 12Cent for solar energy, and 3.6Cent for wind power.

SDE has built several sea power plants. The new sea wave power
plant, ( which is actually the 9th
plant (
built at Jaffa Port by SDE company, has
been finalized and operated in the recent days, proving itself as a better
and improved version of the previous models. It can produce 60 KWh (with only
one buoy), it is a fully automatic model, and only 10% of the whole system is
in the waters, which minimizes the risk to the system in cases of storms and
other natural disasters.

Energy prices can determine the stability of a reign and the
country's development. With the price of an oil barrel exceeding $95 today
and its price in steep continuous rise, many electric companies are
struggling to stay solvent, and the power plants and citizens of those
countries are harmed as a result. However, the syeach ofstem developed by SDE
is completely fuel-free and therefore is the most cost-efficient system.

The system developed by S.D.E. has the ability to supply 500
times more power than current worldwide sea wave energy consumption. S.D.E.
owns a world patent, as well as a number of other patents in registration
process. So far, S.D.E. has built nine power plant models, each of which was
financed by the Israeli government.

A video about the company produced by the Foreign Ministry of
Israel is available here:

(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)

    For further details:

    Mr. Shmuel Ovadia
    Tel: +972(0)3-7397107
    Fax: +972(0)3-7397107

For further details: Mr. Shmuel Ovadia, Tel: +972(0)3-7397107, Fax: +972(0)3-7397107, E-mail: abe at

will not be displayed