Dexa Technologies is currently involved in the development and deployment of green energy production, namely in the area of large scale ocean wave energy converters. The idea is to produce electricity from the ocean waves at a relative low cost (almost the same price level as coal). The electricity collected can be stored in the POD storage and released to the grid when it is needed the most. The technology is gaining a good amount of appreciation over wind-power, be it the POD storage, long service life, excellent survival in severe storms, provides power on demand, low price, simple installation and above all no negative environment footprint. If we talk about renewable energy, I feel this is a better idea over wind power!
Via: DexaWave
