wave power technology News
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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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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 ...
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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 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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Twitter Q&A: Marine Energy
The Carbon Trust's Head of Technology Acceleration, Dr Stephen Wyatt, will be answering your questions on marine energy on Wednesday 3 October. Follow @theCarbonTrust and ask questions in advance using the hashtag #AskCarbon. Have you ever wondered how the power of waves and the tides are being harnessed to produce electricity? The UK has an abundant marine energy resource that could produce ...
By Carbon Trust
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Smart Island Project on Isles of Scilly
Waves4Power is planning to partner with the Smart Islands project on the Isles of Scilly in order for the island chain to reduce it’s energy expense by 40% and convert it’s energy consumption from renewable sources to 40% by 2025. The Isles of Scilly are located off of the southwest corner of Cornwall in the United Kingdom. In a recent article in the Business Cornwall online ...
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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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Frost & Sullivan Recognizes Eco Wave Power for Its Path-Breaking Innovation in the Field Of Wave Energy Generation
Based on its recent analysis of the wave energy generation market, Frost & Sullivan recognizes Eco Wave Power with the 2012 European Frost & Sullivan Award for New Product Innovation for developing and implementing an all-round solution for effective energy harvesting from waves. "Driven by the energy crisis around the globe, an escalation of activities in newer forms of renewable ...
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Ocean Power Technologies Awarded $4.8 Million by US Department of Energy
PENNINGTON, N.J. - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") is pleased to announce that it has won two new funding awards totaling $4.8 million from the US Department of Energy (“DoE”). OPT plans to use the first award, for $2.4 million, in connection with the construction and deployment of one of its PB150 ...
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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 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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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 ...
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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,” ...
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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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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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The rising Tide of Ocean Energy – New Ideas for Renewable Power
A race is on worldwide to harness the tides and waves for electrical power, with more than 100 different devices being tested by companies hoping to make a commercial breakthrough. And a new report from the European Union’s Joint Research Centre expresses confidence that the Atlantic Ocean will soon be an important contributor to the continent’s energy mix. It adds that many other ...
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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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Ocean energy agenda supported by coastal mayors, industrial leaders, academics and environmentalists
Ocean energy has the potential to create tens of thousands of jobs in the United States and generate as much as 10 percent of the nation’s demand for electricity, the equivalent of all hydroelectric energy in the U.S. today. This good news comes from a growing and diverse coalition who recently presented a roadmap for harnessing the power of the ocean to transition teams from the incoming Obama ...
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Ocean Power Technologies PB150 Device Outperforms in Sea Tests
Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company"), a leading wave energy technology company, is pleased to announce that the first of its new generation utility-scale PowerBuoy® device, the PB150, has delivered better-than-expected initial results from tests being conducted off the northeast coast of Scotland. Rated at 150 kilowatts, this device was ...
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