Cooperation Between Officials from the German Government and S.D.E Company

Published November 17th, 2009 - 01:59 GMT

Recently, Mr. Waldemar Wilhelm Hoppe, Deputy Managing Director
of the "Invest in Mecklenburg-Vorpommern" agency, and Ms. Ursula Goldacker,
the Senior Consultant of the agency, have arrived to Israel in order to
conduct a business meeting with Mr. Shmuel Ovadia, the CEO of S.D.E Company
and Ms. Inna Braverman, International marketing manager of the company.


    "Invest in Mecklenburg-Vorpommern" is the economic development
agency for the German State of Mecklenburg-Vorpommern. As a central contact
point, the agency represents the company's interest towards administrations
and state institutions, finds business partners and supports the process of
entering into the German business market.


    During the meeting, the officials from "Invest in
Mecklenburg-Vorpommern" agency have told S.D.E Company that the state of
Mecklenburg-Vorpommern is very supportive of renewable energy technologies
and companies. Today, 24% of electricity generated in Mecklenburg-Vorpommern
comes from wind, bio, water and solar sources. Now, the agency wishes to add
S.D.E's Sea-Wave power plants to the variety of renewable energies in the


    According to "Invest in Mecklenburg-Vorpommern" agency "the
tightly meshed network between science and business has a high potential for
innovation and offers companies in the branch big opportunities for growth on
the world market". In addition, the officials from the agency have mentioned
that currently numerous companies are utilizing the location's advantages and
have secured attractive industrial sites to build manufacturing facilities in
proximity of the sea. According to the agency, there is a great interest to
promote S.D.E Company and its unique sea wave power technology in Germany,
and the agency has promised to assist in all the necessary steps that will
allow S.D.E to enter into this sector of the German market.


    The technology of producing electricity from sea waves is innovative and
a leading method worldwide. Pollution and global warming as a result of fuel
usage have taught the world that the largest world resource to create
electricity is sea waves. The system has the highest efficiency in the world
and is offered for a very attractive price. SDE has an international patent
and also patents pending. Till this day, the company has built 8 models that
have been successful and the last of which has produced 40kW/h. The models
were financed, checked, and approved by the Israeli Government.

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