SA tech company harnessing Cape waves for energy - Impact-Free Water

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When discussing clean energy solutions, wind and solar often steal the spotlight. However, there's another potential source of energy that's worth exploring—wave energy. Some scientists believe that, if fully harnessed, wave energy could theoretically meet the world's electricity needs. However, technologies needed to harness wave energy are still in the developmental stages. In South Africa where we are surrounded by two vast oceans, a tech company called Impact-Free Water is working on a solution to produce electricity from waves and their solution could also provide fresh water. In an interview with Biznews, The Founder and CEO of Impact-Free Water, Simon Wijberg said his company aims to compete with other renewable sources in terms of cost but has the added benefit of providing energy 24/7 and there is a reduced need for storage. He and the Business Director of the company, Anton Berkovitz highlighted the challenges of limited funding available in South Africa for wave energy solutions and said it forced them to develop smaller units which turned out to be beneficial as it is easier to scale and made their system more commercially viable.– Linda van Tilburg
6 Oct 2023 12PM English South Africa Investing · Business News

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