Share Structure as of 12/28/15
AS= 900,400,000 (UNCHANGED)
OS= 714,800,028 (REDUCED BY 39Million from 753,980,028)
Restricted Shares=540,366,371 UNCHANGED!!!!!
Management reduced OS by 39 million shares!!!!
MAIN Business Description
VERY LOW PRODUCTION COSTS FOR CHEAP ENERGY!
$0.02/Kwh AT ACHEAP PRODUCTION COST! CHEAPER THAN WIND AND ENERGY.
CHINA EXPLAINED THEYNEED SEA WAVE ENERGY NOW IN THIS ARTICLE!
S.D.E. Energy Ltd. is a Tel Aviv, Israel manufacturer and marketer of Sea Wave Power Plants - utilizing sea wave energy to produce electricity economically,
and in an environmentally-friendly manner claiming that their system can generate electricity for 2 cents per kWh -- nearly half of what coal or
natural gas power plants can produce it for.Basically, the buoys are placed on a breakwater and they move up and down, according to the frequency of sea waves.
The buoys' movement press a hydraulic liquid, which is regulated by systems that convert the energy to circular systems that operate an electric generator.
The buoys, which make 10% of the system, are placed in the water, and the rest of the whole system, which makes 90%, is set on land with the option being
located on up to 500 meters from sea shore. In the event of storms, the system is easily accessible for technical service.
Additionlly, the buoys are neutralized and laid down on the jetty or the shore.
S.D.E.'s development and testing has been approved and partially financed by the Chief Scientist of Israel. Currently, the company is in late stage negotiations for the sale of power plants, with a projected value of several billion dollars. S.D.E. is seeking capital investments to construct the plant in Israel, to meet current demand for power plants using S.D.E.'s technology, and for current and future marketing efforts worldwide for this technology. "" rel="nofollow" target="_blank">http://peswiki.com/skins/skinpes/external.png); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;" title="; rel="nofollow">
According to "" rel="nofollow" target="_blank">http://peswiki.com/skins/skinpes/external.png); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;" title="; rel="nofollow">Tree Hugger, SDE is set to build the first wave energy harvesting power plant of its kind in Sri Lanka. According to a company press release, S.D.E. recently began talks with Sri Lankan officials to construct and install a 200 MW power plant at an estimated cost of $130 million. If negotiations are successful, they say, the plant will be the first of its kind to produce electricity at a commercial quantity from sea waves. "" rel="nofollow" target="_blank">http://peswiki.com/skins/skinpes/external.png); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;" title="; rel="nofollow">
Shmuel Ovadia, Managing Director of SDE Energy, said: "Our system is built on one side of wave gatherers, which can also serve as breakers. It is composed of a system of channels of hydraulic oil, whereby the rise of the pistons creates pressure on the hydraulic oil. The hydraulic oil is accumulated in a pressurized container and is then directed toward a hydraulic motor. This energy turns an electrical generator, which produces electricity."
A method of using sea wave motion to generate hydraulic pressure, which is then transformed into electricity. The system takes advantage of the wave's speed, height, depth, rise and fall, and the flow beneath the approaching wave, thus producing energy more efficiently and cheaper than both other sea-wave and conventional technologies which require vast amounts of land space. The system has a potential to produce a net of 38kWh per meter of beachfront occupied (worldwide average).
According to SDE:
Manufacturing cost for a 1MW system is from US$ 650K and production cost is the lowest in the market. The erection cost of a 1MW S.D.E. station is from $650,000 while a comparable station costs $1,500,000 from coal, $900,000 from natural gas, $1,500,000 from solar sources, and $3,000,000 from wind. Using S.D.E. technology, production of electricity is 2 cents, compared to 3 cents from coal, 3.5 cents from natural gas, 12 cents from solar energy (when is that without subsidies?), and 3.6 cents from wind.
According to "" rel="nofollow" target="_blank">http://peswiki.com/skins/skinpes/external.png); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;" title="; rel="nofollow">The Energy Blog, dated Nov. 2006:
Eight energy modules have been built and tested. A full-scale oceanfront model was operated in Israel and produced 40 kW/h for 8 months. According to an undated presentation, available on their website, the next step in their development may be:
According to SDE the expected annual revenue from a 1000MW power plant operating at 90%, with output 75% of the year is approx. $310 Million, and net profit of around $160 Million. The system is designed to return the initial investment within three years.
CHINA PATENT http://www.google.com/patents/CN101952583A?cl=de
Application number: 20110025072
Abstract: A system for converting wave energy into rotary motion and for sea water desalination, including buoyancy means upon sea waves wherein the buoyancy means move according to the sea waves motion; a piston, containing fluid, wherein the piston is pivotally attached to the buoyancy means, thereby converting mechanical kinetic energy into hydraulic pressure of fluid. A hydraulic system that includes pipes and one or more one-directional valves for allowing pressure conservation in the hydraulic system even after releasing the piston. The fluid pressure is preferably stored in a pressure container. The system further includes a hydraulic motor that is operatively connected to the hydraulic system wherein the hydraulic pressure creates a flow of fluid that operatively rotates the hydraulic motor. The rotary motion can then be used for sea water desalination and for other uses.
Filed: March 10, 2009
Issued: February 3, 2011
Inventor: Shmuel Ovadia
Application number: 20020067043
Abstract: There is thus provided, in accordance with a preferred embodiment of the invention, a system for conversion of wave energy in a body of water having a floor, including:
Filed: October 29, 1999
Issued: June 6, 2002
Inventor: SHMUEL OVADIA
Patent number: 5504952
Abstract: A bed including a base, a mattress overlying the base and apparatus for varying the hardness of the bed to take into account the changing personal circumstances of the user, for example, aging, gaining weight etc. and to compensate for the wear and tear on the mattress. The base includes a generally rectangular frame and a plurality of crosspieces traversing thereacross such that the hardness of the bed is varied by varying the number of crosspieces. The mattress includes a filling in which its hardness is varied by varying the amount of the filling, its components or adjusting the packing density of a composite filling having a foam substrate with a plurality of substantially incompressible marble-size balls embedded therein.
Filed: January 10, 1994
Issued: April 9, 1996
Inventor: Shmuel Ovadia
Patent number: 5461862
Abstract: A system for the conversion of sea wave energy including a breakwater structure including a wave energy collector integrally formed within the breakwater structure. The energy collector collects and directs oncoming waves to an upwardly extending duct having hydraulic oil separated from seawater by a membrane for converting the wave energy into oil pressure. The wave energy collector incorporates a plurality of control valves which are electronically coupled through a computerized control system which regulate the control valves so that the optimum wave pressure is collected and transferred to the hydraulic oil. A piping system conducts the pressurized hydraulic oil to a pressure tank which is connected to a hydraulic motor which is mechanically coupled to an electric generator. The system may be combined with a solar distillation apparatus.
Filed: October 13, 1993
Issued: October 31, 1995
Inventor: Shmuel Ovadia
As of May, 2008, the company says they have received orders from all over the world at a total amount of approximately $3 billion USD. Currently, they are working for financing the projects.
They have formed 4 subsidiaries and 6 more are underway.
The pilot project was approved and funded by the Government of Israel, after it had been checked civil electrical engineers and found unique.
"Currently, we have a NASDAQ shell company, we have received almost for free. We are interested to finance its initial expenses, which total at an amount of 1 million Euros." -- May 6, 2008
SDE wave energy technology was developed to provide protection to marinas, beaches, and private property subject to destructive or annoying wave / wake forces together with the utilization of wave energy. SDE wave energy proposes to use the technology as a "wave filter" in order to reduce the damaging effect of waves on the coast and convert it to energy. The construction has hydrodynamic and practical advantages as compared to "normal" breakwaters. "" rel="nofollow" target="_blank">http://peswiki.com/skins/skinpes/external.png); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;" title="; rel="nofollow">
While wind and solar energy have proven to be not efficient or cost effective energy solutions, wave energy still holds much potential.
WERPO is committed to providing you with the highest level of service. If you have any questions, or have concerns regarding the service you have received from us please don’t hesitate to contact us.
Lubetkin 15A Tel Aviv, Israel 67532
In the last few years we are witnessing a significant rise in demand for green and renewable energy systems. In light of global warming, desertification, typhoons, floods and other disasters, all around the world people have come to understand that we can no longer continue producing energy by contaminating the environment and that there's an urgent and essential need to develop sustainable alternatives.
Sea wave energy is the only solution left for China - solar energy has been proven as not economical and wind energy is not a possibility as weather conditions would damage the wind turbines severely. These same harsh weather conditions only benefit production of energy from sea waves, as higher waves store more energy.
The energy market has two elements - financial and ecological. Fuel prices have gone up in the past couple of years by about 1000% and OPEC countries are absorbing all the cash reserves. The results of this can be seen in the financial crises in Europe and the US, yet conventional power stations keep being erected to keep up with the high demand for power. Not only are these plants not aiding the economy they are detrimental to the environment. Fuel burning pollutes the air and the harmful effects of this are experienced in Chinaevery day. Therefore, to our knowledge, the government decided to cut down on fuel burning and dismantle 30% of the conventional power plants. However, this decision, without a proper recourse to supply the lost power will end up doing more harm as local businesses and the like will use private generators that have no filters and so harm the environment even more. This is why we believe introducing sea wave technology is the only solution left for China today.
WERPO, having received the rights for all of SDE Ltd's technology, property, know-how, IP (patents and so on), contracts and subsidiaries, has thus taken control of SDE's endeavors in China. SDE's patent in China has been authorized this year, patent nu. ZL 200980000308.3 and this in addition to further work by SDE in China on a pilot project as part of a larger project with the Chinese government.
SDE shipped to China a second power plant producing electricity from sea waves, according to an agreement of $0.8M. A new agreement of $1.2M was signed under which SDE will construct two additional power plants of 500kW each. The power plant was built inIsrael except of the buoys that will be built in China by the local company owned by the partnership and the Chinese government as a main share holder. The power plant will be installed in Hainan Island, which is the biggest island in China, located 30 km fromGuangdong region. The power plant is capable of producing 150kW per hour comparing to the next power plant that will be installed on this island, producing 500kW per hour, which is already under construction in Israel.
This 150 kW power plant would be the 12th power plant SDE is constructing in total, and the second one that will be installed in Chinawith local Chinese partners. The power plant was developed and engineered in an environmentally friendly manner, beside to the fact that electricity is produced without any Environmental pollution.
The Company also has a large module of its unique system in its factory in Israel that stimulates wave movement and electricity production using the hydro-pneumatic system.
S.D.E.'s technology is based on the utilization of sea waves' rise and fall to yield hydraulic pressure that produces electricity, while exploiting the full potential of wave speed, height, depth and currents beneath the surface of the water. With this technology, chosen number 1 in its field by an independent team of scientists form PESWiki and also as one of the top 100 renewable energies (http://peswiki.com/index.php/Directory:S.D.E._Energy_Ltd.), we can provide the best solution for the current energy crisis.
THE MARKET POTENTIAL
Rockefellers to switch investments to 'clean energy'
The Rockefeller Brothers Fund is joining a coalition of philanthropists pledging to rid themselves of more than $50bn (£31bn) in fossil fuel assets.
*** link ABOVE BY TheJosonOne (10/06/14