A sensible source of 'green energy'?

'A new type of ‘underwater kite’ tethered to the ocean floor will be able to produce enough electricity to power 10 homes.
The kite, known as Deep Green, uses turbine attached to a wing and rudder which is tethered to the ocean floor by 100 meters of cable.
It uses kinetic energy from the waves which it converts into power. Each ‘kite’ will be able to produce 500 KW of power once fully operational.
Developed by Saab spin-out Minesto, the project has just secured €2 million from investors to fund testing scheduled to start in 2011.'

Makes more sense than flippin' windmills!

Read more: http://www.dailymail.co.uk/sciencetech/article-1283751/The-underwater-kite-designed-collect-power-deep-sea-currents.html#ixzz0qFCCtENU