Ocean Power Technologies (OPTT) Launches PowerBuoy In Hawaii

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10:17:13 am on November 17, 2008

Ocean Power Technologies (OPTT) announced last week that it has installed its 3rd PowerBuoy wave energy system in Hawaii near the Kaneohe Bay on the island of Oahu as part of an ongoing partnership with the US Navy.  OPTT monitors its PowerBuoy systems in New Jersey in  real time with the use of onboard sensors, but the PowerBuoy has the ability to adjust automatically in changing sea states to produce the most amount of wave energy.

Prior to deployment, there was an extensive environmental impact study done in accordance with the National Environmental Policy Act and the study concluded that the project would have no significant impact on the environment which is the highest rating. 

CEO of OPT stated, “Our engineering group has done a superb job of executing the design, build, test and deployment of this PowerBuoy system in Hawaii. We are pleased to be a part of the Navy’s effort to develop and commercialize new technologies to reduce the Navy’s dependence on fuel shipments for power generation facilities, and to meet its strategic goals and other sustainability initiatives.” Taylor continued, “We greatly appreciate the support which the program has received from the Congressional delegations of Hawaii and New Jersey, the US Navy, and the encouragement of Marine Corps Base Hawaii.”

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