Ecuador is about to discover its potential to generate power from its seas after US-based Hydro Alternative Energy (HAE) signed a contract to conduct a feasibility study, says development director Enrique Pallares.
Pallares told BNAmericas that HAE will pay for the work and has three years to identify areas for the installation of up to 500 MW of capacity, the report added.
Pallares went on to say the collation of existing information on sea currents from the Navy and other agencies is underway.
This information will be analyzed with the help of French firm SAT Ocean.
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