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Ocean Power Technologies

Lockheed dives into developing wave energy, buoyed by OPT tech

October 13, 2009 - by Lisa Sibley - Aerospace giant pulls out of utility-scale solar project as it looks to progress PowerBuoy system with marine-power firm. Full Story »

Investors pump up Wind 2.0

April 9, 2009 - by Emma Ritch - New technologies in the wind sector and small-scale turbines triggered five deals this week. Details of these and 39 other deals in the cleantech sector. Full Story »

Lockheed, OPT partner on utility-scale wave energy

January 26, 2009 - by Emma Ritch - Power plant off Pacific Coast of North America is expected to be the pair's first joint effort in utility scale projects. Full Story »

OPT records $8M backlog for wave-energy devices

December 12, 2008 - by Emma Ritch - Marine-power firm Ocean Power Technologies concentrates on R&D of PowerBuoys for utility market. Full Story »

UK holds half of Europe's wave energy potential

November 14, 2008 - by Emma Ritch - New report suggests Great Britain could derive 20 percent of energy needs from ocean power, with electricity production valued at as much as £190 million annually. Full Story »

Israel's SDE plans 100MW of wave energy for Africa

November 13, 2008 - by Emma Ritch - SDE seeks investors for $100 million project, which could generate $1 billion worth of electricity. Full Story »

Ocean Power Technologies, Navy sign $3M deal

November 6, 2008 - by Emma Ritch - Order backlog for wave power developer creeps past $8 million with most recent military deal. Full Story »

Pelamis starts Portugal wave-power farm

September 24, 2008 - by Emma Ritch - The €9 million Aguçadoura project could be expanded from 2 MW to 21 MW if initially successful. Full Story »

Ocean Power Technologies deploys Spanish wave unit

September 23, 2008 - by Lee Bruno - New utility-scale wave power station expected to eventually deliver 1.39MW of power off the coast of Spain. Full Story »

Ocean Power Tech to build wave station in Australia

May 19, 2008 - by David Ehrlich - The wave power station is expected to be capable of producing up to 10 megawatts, with potential expansion to 100 MW. Full Story »
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