The new sea wave power project is the ninth plant to be built by SDE.
The initial phase of the project will produce 100kWh, with only one buoy under a fully automatic model, the company announces.
Only 10% of the whole system will be submerged in water, hence minimising the risk of damage to the system under rough sea conditions.
"The investment for the construction of the project is $400,000," Inna Braverman, international marketing manager for SDE, tells Recharge.
Jaffa