Ocean Power Technologies (OPTT) has been running its Underwater Substation Pod through trials in Spain as part of a contract with Iberdrola Marinas de Cantabria and the company announced early this morning that it’s been a success.  The underwater pod was developed to facilitate the collection, networking and transforming of power and data generated by its wave energy generating PowerBuoy systems in order to transmit it to an onshore electrical grid.  Testing of the … Read the rest