Sun, sea and Sinn
German wave energy developer Sinn Power was recently invited to a business trip to Caribbean islands of Aruba and Curacao.
The visit, involving CEO Dr. Philipp Sinn and Head of Sales Jo-hannes Stuck was organised by the DNHK (German-Dutch Foreign Trade Chamber) as part of the Energy Export Initiative of the BMWi.
The aim of this business trip was to connect selected German companies from the field of “Renewable Energy & Energy Efficiency” with potential partners on the ABC Islands in order to market products and services of German companies
Sinn Power was able to present its innovative products and services to more than 100 participants during the 1st German-Caribbean Energy Conference and to hold talks with potential partners and customers in individual business meetings.
High-profile politicians, energy providers, project developers and local companies showed great interest in Sinn Power and their technology.
Currently, the power supply on the islands is very costly and subject to large fluctuations. The energy demand is mainly covered by fossil fuels. This is very harmful to the environment and also extremely expensive. Both in Aruba and Curacao efforts are therefore strong to steadily increase energy demand through the implementation of renewable energy.
Alexandra Sierra, Head of Sales Advisory at the German-Dutch Chamber of Commerce said “So far, the energy needs of the ABC islands have been met mainly by fossil fuels, which had to be imported almost 100%.
This dependency on the world market and the oil price has immensely increased the costs of providing energy on the islands. For many islanders this means spending a quarter of their salary on energy costs in everyday life.”
The solution: renewable energy from ocean waves. Because the energy density from ocean waves is up to 100 times greater than that of sun and wind. Furthermore, waves are much more continuous over the year compared to other renewable energy resources.
In addition, the east and west coasts of both islands differ greatly: While the west coast offers Caribbean holiday flair with white beaches, calm seas and a wide range of hotels, the untamed forces of nature are raging on the eastern coasts.
“The strong swell and rough conditions do not attract any beach tourists, but is an ideal condition for your wave power plants” said Dr. Philipp Sinn, founder and CEO of Sinn Power.
By Jake Frith