convert wave energy News
-
Israel`s Yam Pro Energy Signs a 180 Million USD MOU
Yam Pro Energy from Israel signed an MOU with Shapoorji Pallonji Group, the owners of the TATA Group, to build a wave energy power station in Ghana. To be completed in the upcoming three years at a scope of 150 MW generation ($180,000,000). The initial phase will be 10 MW and expanding thereafter. The partnership will be between Yam Pro, a local partner and SP with the responsibility to raise the ...
-
Wave Energy Device Deployed Off Oregon Coast
NEWPORT, Oregon, September 17, 2007 (ENS) - Finavera Renewables Inc. has successfully deployed and commissioned the first commercial scale wave energy converter off the west coast of North America. The company plans the phased installation of a multi-device wave park and commercial electricity generation by 2010. The wave energy converter, called the AquaBuOY 2.0, is situated two and a half ...
-
Ocean Power Technologies to Present at the 24th Annual Roth Capital Conference in California on March 14, 2012
Ocean Power Technologies, Inc. (Nasdaq: OPTT) (“OPT” or “the Company”), a leading wave energy technology company, today announced that it will participate in the 24th Annual Roth Capital Conference on March 14, 2012 at the Ritz-Carlton in Laguna Niguel, CA. Brian M. Posner, Chief Financial Officer of OPT, is scheduled to give a presentation at ...
-
PG&E First in the Nation to Buy Wave Energy
SAN FRANCISCO, California, December 21, 2007 (ENS) - Pacific Gas and Electric Company has entered into a long-term, two megawatt commercial wave energy power purchasing agreement with Finavera Renewables Inc. both companies said Tuesday. Finavera has begun development plans for the two megawatt wave energy project to be constructed 2.5 miles off the coast of Humboldt County, California. The ...
-
Ocean Power Technologies and Lockheed Martin to Develop Wave-Energy Project in Australia
Ocean Power Technologies, Inc. (Nasdaq: OPTT), a leading wave energy technology company, and Lockheed Martin (NYSE: LMT) have entered into a teaming agreement with the goal of developing a 19 megawatt wave-energy project in Victoria, Australia. This is one of the largest wave-energy projects announced to date, and leverages a grant from the Commonwealth of Australia. For the project, Lockheed ...
-
Bombora completes tank testing of a floating hybrid energy platform
As part of the EuropeWave Programme, Bombora Wave Power (Bombora) has successfully completed tank testing of a floating foundation system suitable for the InSPIRE solution, where mWave technology is combined with a wind turbine onto a single floating offshore platform. An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing ...
-
National Wind Technology Center begins first Validation of Wave Energy Conversion Device
The National Wind Technology Center (NWTC) at the Energy Department's National Renewable Energy Laboratory (NREL) has begun validation work on the first water power technology ever tested in an NREL dynamometer facility. Representatives from Columbia Power Technologies, NREL and project partners celebrate the start of generator testing for the Columbia Power wave energy generator. "Though ...
-
National Wind Technology Center Begins First Validation of Wave Energy Conversion Device
The National Wind Technology Center (NWTC) at the Energy Department’s National Renewable Energy Laboratory (NREL) has begun validation work on the first water power technology ever tested in an NREL dynamometer facility. “Though designed to benefit the wind industry, the NWTC’s large dynamometer facility is being leveraged to help advance new ocean energy technology,” ...
-
Ocean Motion Technologies is awarded Phase I SBIR Grant from the U.S. National Science Foundation
Ocean Motion Technologies has been awarded a competitive grant from the U.S. National Science Foundation (NSF) to conduct research & development work on the refinement of OMT's wave energy converter's advanced artificial intelligence control system. "NSF accelerates the translation of emerging technologies into transformative new products and services," said Erwin Gianchandani, NSF ...
-
IBM, Sustainable Energy Authority Ireland Focus on Renewable Energy
IBM (NYSE: IBM) and The Sustainable Energy Authority Ireland (SEAI) are working together to understand and minimize the environmental impact of converting wave energy into electricity. This project, the first to use real-time streaming analytics for monitoring underwater noise generated by wave energy conversion devices, represents a significant step toward the ability to successfully and ...
-
Floating concrete - the latest weapon in the climate war
A scheme using floating concrete to harness wave energy has received a £150,000 grant from the Carbon Trust. Bristol-based firm Embley Energy will use the cash to refine the prototype of its wave-energy converter Sperboy and demonstrate whether it can compete with fossil fuels and other renewable energy sources. Embley bosses say Sperboy, a specially-designed buoy, will deliver a cheaper ...
-
Bombora begins final test and assembly of world’s most powerful Wave Energy Converter
Bombora begins final test and assembly of world’s most powerful Wave Energy Converter Bombora ramps up flagship £20m, 1.5MW Pembrokeshire Project, delivering world’s largest Wave Energy Converter Final tests underway before ocean deployment Technology will be validated in the open ocean advancing mWave to TRL 7/8 Data will unlock pathway to launch next phase of ...
-
Resolute Project Selected for DOE Phase I SBIR award
Today Resolute Marine was notified by the Department of Energy’s Office of Science that it has been selected for a Phase I SBIR award for a project entitled “Nereus, Powering AUVs using Ocean Waves.” This project envisions adapting a proprietary floating wave energy converter and related subsystems co- developed by Resolute and its project partners to provide power for ...
-
Funding Supports Research into Wave Energy
The Province is providing $150,000 from the Innovative Clean Energy (ICE) Fund to the West Coast Wave Initiative (WCWI) at the University of Victoria to support research into the potential of ocean waves to generate clean, renewable and affordable electricity. “Our B.C. coast is not only one of the province’s most beautiful resources, its waves could also be a source of clean energy, ...
-
Ocean Power Technologies Announces Election of New Director
Ocean Power Technologies, Inc. (Nasdaq:OPTT) (“OPT” or “the Company”), a leading wave energy technology company, today announced that Terence J. Cryan was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of Stockholders held on October 4, 2012. In addition, Thomas J. Meaney retired from the Board of Directors effective with the ...
-
Energy Department Announces up to $12 Million for Projects to Advance Wave Energy
The Energy Department announced up to $12 million in new projects to support the development of innovative technologies capable of generating reliable and cost-effective electricity from U.S. water resources. The four projects will advance marine and hydrokinetic (MHK) energy technologies, which can harness energy from the nation's oceans and rivers. Two projects will test and validate wave ...
-
Ocean Power Technologies awarded $1.0 Million by U.S. Department of Energy
Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or "the Company") today announced that it has won a $1.0 million funding award from the U.S. Department of Energy ("DOE") to enhance the commercial viability of its PowerBuoy(R) wave-energy systems through mechanical component design changes to maximize power-to-weight output ratios and reduce overall installed capital costs. Under the award ...
-
Seattle company raises $855k on Microventures to Complete its Wave energy converter
Oscilla Power has raised $885k on MicroVentures. This helps complete the Triton-C to be tested in Hawaii. With your help they are that much closer to harnessing wave energy! Oscilla Power thanks everyone who has invested and is excited to show the world the Triton-C completion come fall of 2021! They expect that the successful demonstration of the 100kW Triton-C wave energy system will be one ...
-
Oscilla Power Announces Launch of Startengine Investment Opportunity
The goal for this round of fundraising is $3 million with proceeds used to fund the development and deployment of Oscilla’s first utility-scale megawatt-size system in India. OPI has developed the Triton wave energy converter. Known as a ‘multi-mode point absorber’, it consists of a highly optimized surface float and a hanging ring-shaped reaction structure, connected below the ...
-
Ocean Power Technologies and Lockheed Martin to Collaborate on Utility Scale PowerBuoy for Oregon Wave Power Project
Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company") is pleased to announce it will collaborate with Lockheed Martin (NYSE: LMT) in connection with OPT’s proposed commercial-scale wave power generation project at Reedsport, Oregon. Lockheed Martin will provide design, manufacturing, system integration and supply chain management expertise to enhance OPT’s ...
Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you