SNM Global Holdings has launched seven additional hydrokinetic wave power development technologies under its recently announced Small and Micro Hydro Technology Development Initiative.
These technologies are: ebb and flow current converter; oblique wave converter; wave pendulum converter; wave absorbing converter; coastal wave converter; swinging buoys; and a wave endless-belt.
With the addition of these projects, the company now has a total of eighteen technologies and designs being primed for commercialization and international distribution, further enhancing the company’s recent technology acquisition, internally valued at $12.5M.
It is expected that a number of the small and micro hydro technologies can be integrated with the Company’s recently announced Clean Water and Salt Water Desalination initiatives, thereby providing both energy and clean water sources simultaneously.