The Indian Navy plans to go green by investing in a wave energy plant in the Arabian Sea.
The project is being developed in collaboration with the Ministry of New and Renewable Energy (MNRE) and New Delhi-based wave energy developer, Seafaradays Energy.
Earlier, Seafaradays and Sweden-based wave energy developer, Seabased, signed an MoU to develop wave energy plants in India. The technical feasibility study of the 2.5 MW project has already been completed.
Saurabh Jolly, Vice President at Seafaradays, said: “The efficiency levels of wave energy is far better than any other renewable energy resources like solar power. For instance, the Plant Load Factor (PLF) or Capacity Utilisation Factor (CUI) is only 16 per cent from solar power, whereas it’s 41% for wave energy.”
“The feasibility studies of the Karwar site gave very encouraging results. While the technical aspects are ﬁnished, the commercial aspects are being worked out with the indian Navy. Wave energy will be economical on the operational cost front when compared to diesel generated electricity.”
The Seafaradays Energy team collected five years of sea wave data pertaining to the Karwar site from the Indian National Centre for Ocean Information Services (INCOIS).