I don't think these sunken cylinders are going to be either cost-effective or eco-friendly.
Mechanical seal problems with water leaking into the electrics or hydraulics will be of major concern.
Likewise the corrosion problems associated with fresh/seawater.
Annoying they will be to bottom dwellers, fish, seals, and other marine life.
Before long the installation would be colonised by barnacles.
I shall not be investing in such a madcap scheme.
Kind Regards....