Tag Archives: marine

Ocean Power Technologies (OPTT) Deploys PowerBuoy At Marine Base, Receives $380K In Funding

Ocean Power Technologies (OPTT) has successfully deployed one of its PowerBuoy systems at a Marine base in Hawaii as part of an ongoing relationship with the US Navy to test its wave energy technologies.  This particular wave energy system is located about a mile offshore in 100 feet of water and is generating power in line with expectations.   The press release was a bit unclear about who is providing the funding, but the company announced … Read the rest