ocean wave power News
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Study about potential for ocean energy in Germany
The theoretical potential for the use of ocean energy in Germany is low in comparison to other locations worldwide and to German objectives for the expansion of renewable energy in the country’s power generation system. This is the conclusion of a study by Ecofys for the German Ministry for the Environment carried out two years ago but recently published. The potential associated with tidal ...
By Ecofys
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CNNMoney - Turning ocean waves into electricity
There’s another potential power source that’s so plentiful that it covers 71% of the Earth, but it’s been a struggle to tap. Startup Columbia Power is the latest company to dream of harnessing the ocean for electricity. It’s building a wave generator called StingRAY that will float on the ocean’s surface, turning each passing wave to usable power. Keep reading ...
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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 ...
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Harnessing wave power with new `oyster` machine
A giant new machine called' Oyster' designed to harness the power of ocean waves and turn it into ‘green' electricity is being installed on the seabed off the Atlantic shores of the Orkney Islands. In autumn 2009 it will undergo demonstration trials to prove whether its innovative technology could lead to a commercial source of renewable energy for use in seashores around the world. In contrast ...
By ScienceDaily
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Ocean Power Technologies deploys wave energy device off Hawaii coast
Ocean Power Technologies, Inc. (OPT) announced on February 1 that it has successfully deployed one of its PowerBuoy wave energy devices about a mile offshore from a U.S. Marine Corps Base on the island of Oahu in Hawaii. The device generates up to 40 kilowatts of power from the rise and fall of the waves, and since its deployment in December 2009, it has been generating power within ...
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Ocean Power Technologies Signs Historic Stakeholder Agreement for Oregon Wave Energy Project
PENNINGTON, N.J. - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) (“OPT” or the “Company”) announces that it has signed a groundbreaking Settlement Agreement ("SA") with 11 federal and state agencies and three non-governmental stakeholders for its utility-scale wave power project at Reedsport, Oregon. This agreement represents a major ...
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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 ...
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Marine energy doubled by predicting wave power
The energy generated from our oceans could be doubled using new methods for predicting wave power. Research led by the University of Exeter, published (27 June) in the journal Renewable Energy, could pave the way for significant advancements in marine renewable energy, making it a more viable source of power. The study was carried out by a team of mathematicians and engineers from the University ...
By FLS Energy
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Renewable energy spurred on in Spain
General Motors plans to turn the roof of its Figueruelas (Zaragoza) factory into the largest solar plant in the world with production capacity of 10mW. The solar park will cover a surface area of 183,000 square meters on the roof, the equivalent of 42 football fields. The 84,848 solar panels needed are being installed at average rate of 2,000 per day. For its construction, General Motors has ...
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Global Ocean Energy Report
Reportlinker.com announces that a new market research report is available in its catalogue: Global Ocean Energy Report http://www.reportlinker.com/p01094730/Global-Ocean-Energy-Report.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Renewable_energy This new report looks at the key market drivers for the global Ocean Energy market, developments and future projections. 2009 was a ...
By ReportLinker
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Ocean Power Technologies Completes Testing of Next Generation Power Take-Off
Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company"), a leading wave energy technology company, today announced the successful completion of extensive factory acceptance testing of the first of its next generation power take-off (“PTO”) units for the Company’s utility-scale PowerBuoy®, the PB150. The PTO has now been ...
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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 ...
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American Council On Renewable Energy (ACORE) and Advanced Energy Economy (AEE) to Foster Industry Collaboration with U.S. Military
The American Council On Renewable Energy (ACORE) and Advanced Energy Economy (AEE) today announced a partnership to explore how renewable energy can help the U.S. Department of Defense (DOD) achieve mission objectives, save taxpayer money, and reduce risks associated with reliance on fossil fuels. (Photo: http://photos.prnewswire.com/prnh/20120126/DC41939) The two organizations announced a ...
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Marine Power (Wave and Tidal) - Installed Capacity, Levelized Cost of Energy (LCOE), Profiles of Technology Developers and Key Country Analysis to 2030
Reportlinker.com announces that a new market research report is available in its catalogue: Marine Power (Wave and Tidal) - Installed Capacity, Levelized Cost of Energy (LCOE), Profiles of Technology Developers and Key Country Analysis to 2030 ...
By ReportLinker
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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 ...
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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 ...
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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 ...
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New Zealand rich in renewable energy sources, says government agency
Renewable energy comes from sources that are replenished as fast as they are used. Examples include energy from the sun (solar), wind, moving water, and plants such as pine forests, which supply firewood. This energy is harnessed to drive generators that produce electric power. Wind and solar energy are sustainable, clean sources of energy that have the potential to make a significant ...
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