This document proposes a new concept called Project OCTOPUS for generating pollution-free electricity from sea waves. It notes that current power sources rely heavily on fossil fuels which are being depleted and increasing in cost. Project OCTOPUS utilizes the thrust power of sea waves using floating pods connected in series or parallel that can be scaled up or down as needed. It has several advantages over other renewable energy sources like lower costs, predictability, scalability and adaptability. The prototype shown suggests it can generate electricity more efficiently and at significantly lower costs than thermal, nuclear, hydel or solar power projects currently used.