Citing weather concerns, Ocean Power Technologies pushes deployment of the first commercial utility-scale wave generating device in the U.S. from October to next spring.
Ocean Renewable Power’s TidGen tidal converter is feeding up to 180 kilowatts ashore, become the first active grid-tied ocean energy project in the U.S.
Ocean Power Technologies’ planned 10-device, 1.5-megawatt Oregon wave power project has been granted a 35-year license by federal regulators.
Ocean Power Technologies teams with Lockheed Martin on one of the world’s largest wave power projects, in Australia, sending its stock soaring.
The Navy, working with the U.S. Department of Energy, will pick three ocean energy power developers to occupy Wave Energy Test Site moorings at Kaneohe Bay.
OceanEnergy of Ireland joins Ocean Power Technologies in committing to test a wave-power device at Wave Hub, the big four-plug socket off the Cornwall coast.
The next generation of Ocean Power Technologies’ PowerBuoy includes wave prediction capabilities, which OPT says will improve efficiency and lower energy costs.