The Company has partnered with AQuarius Power, Inc. (“AQ”) to build 100-MW renewable energy power plant project in Yen Bai Province, Vietnam and a similar system in Timis County, Romania using land-based wave energy system. www.aquarius-power.com
The AQuarius Power System is able to provide the world with unrestricted, unlimited, clean, affordable base-load energy. The system consists of three main parts: the wave pool, the AQ hydro pump, and the wave maker. The waver maker generates a wave, and the wave pump produces hydropower by pumping water through a set of pistons as the “floats” move up and down with the wave motion. The AQ system uses both the gravitational and buoyant forces acting on the displacement block to produce power as it moves up and down with the wave motion.
Depending on the design, the operating life can span 60+ years.
The AQ system produces power virtually anywhere with a water source nearby using fresh water, salt water, or even grey water.