(Reuters) Sophie Hares - An Israeli-Mexican joint venture could soon be turning ocean waves into electricity at Mexico's first wave energy plant. "The ocean is the biggest renewable resource that we have and it's completely untapped," said Inna Braverman, co-founder of Tel Aviv-based Eco Wave Power. "We're a comparable price to solar, but the advantage on top of solar is the availability of the resource....It keeps working 24/7." At the company's first Mexican plant near Manzanillo, the country's busiest cargo port, on the Pacific Ocean, hundreds of floating buoys connected by arms to a jetty would move with the waves to generate clean electricity at the 4.8-megawatt plant, enough to power 2,000 homes. In the event of storms, Eco Wave Power's system could lift its buoys or submerge them until high waves pass. The company also has orders in Gibraltar, China and Britain.
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