Blackbird International Corporation Receives Approval for 100MW Power Plant in Kenya

Pleased to announce that its recently acquired company Wave Electricity Renewal Power Ocean Ltd (WERPO) (http://www.werpo.us)

WERPO has been granted by the Ministry of Energy in Kenya the 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 a local company Sea Wave Gen. To minimize implementation costs and maximize the use of local engineering assets to assist in the implement of the project a joint venture company was formed by which WERPO retains 70% control and the local company holds 30%.

Within 2 years from the start of the project Blackbird will have a cash flow from selling power to the power company. The first part of the plant shall produce 10 MW which should generate a gross income of $10,000,000.

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.

Mr. Shmuel Ovadia, inventor of WERPO's sea wave energy production method concludes, "Our technology 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 shortage."

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 his energy that the technology of WERPO is interested in harnessing and using as a green and renewable energy source.

The technology developed by its affiliate, SDE Ltd, is based on the utilization of sea waves to yield hydraulic pressure that produces electricity while exploiting the full potential of wave speed, height, depth, rise and fall, and currents beneath the surface of the water. Scientists from around the world claim that using 1% of wave energy can provide the equivalent electricity of 500 times the world energy consumption. Energy density in waves is high compared with other renewable energy sources such as wind power and solar power. Over a year, the energy output is approximately 3 times that of solar or wind technology.

About WERPO:
WERPO was founded in 1996 with the aid of private and government funding encompassing a $5 million (USD) seeding grant. We have since moved on to test and develop twelve different models of sustainable wave energy technology. Lubetkin 15A Tel Aviv, Israel 67532 Phone: 972-3-739-7107 Fax: 972-3-631-9239 E-Mail: info@werpo.us Web: http://www.werpo.us/

Contact:
WERPO,
15 A Lubetkin Street,
Tel Aviv,
Tel Aviv - 123456,
Tel Aviv, Israel,
Phone: (+972) - 527617050,
E-Mail: info@sdeglobal.com
http://www.sdeglobal.com


Contact Details

Company Name: WERPO
Issued By: Israel Enden
Phone: 527617050
Address: 15 A Lubetkin Street, Tel Aviv, Tel Aviv - 123456, Tel Aviv, Israel
City: Tel Aviv
State: Tel Aviv
Zip: 123456
Country: Israel
Website: Visit the website

Keywords : OTC BBRD, Werpo SDE, Renewable Energy,

by Israel Enden (few years ago!)

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