Commitment to Action

Wave Power for South Africa

Commitment by

Finavera Renewables Inc.

In 2006, Finavera committed to developing a wave energy project that delivers renewable power to rural South Africans. The project will generate over 30 million kilowatt-hours of electricity per month, save $2 million per year in fuel and avoid approximately 20,000 tons of CO2 emissions. Finavera has engaged local consultants, policy makers and regulators and advised on legislative change that would allow for the development of offshore renewable energy.

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Overview
Summary

Commitment

Wave Power for South Africa

Launched

2006

Est. Duration

5 years

Estimated Total Value

$40,000,000

Region

Africa

Countries

SOUTH AFRICA

Commitment by

Finavera Renewables Inc.