Stonehenge is counting on 500 enterprises and households that have already expressed interest in using electricity generated by these buoys, and is working on securing more expressions of interest in the coming weeks.
Stonehenge director Bruce Lane said “The agreement with Clean Energy Maldives paves the way for a commercial application of the Protean technology in the Maldives. The company is excited to work with Clean energy Maldives and its management who have been instrumental in garnering the very strong support we have for the project from the local government and community on the island.”
“We haven’t decided exactly how big the wave energy farm will be yet as work will start in 2016 after we have completed a feasibility study. If the Protean wave farm supplied 20% of the island’s total power needs, then it would have generated more than 1 million KW of power per year," he added.
Earlier, Stonehenge has successfully tested its Protean wave energy converter technology with 30 buoys in Australian waters.