Tag Archives: leighton

Ocean Power Tech (OPTT) Soaring Again On $66 Million Australian Govt Wave Energy Order

Ocean Power Technologies (OPTT) has just released big news yet again and the stock is soaring another 30%.  The company has a received a $66.5 million grant from the Australian government to build a 19MW wave energy project off the coast of Victoria.  Over 30 applications were submitted to the government and just four were approved, including the OPTT project.  It’s the only wave energy project approved so big news for Ocean Power.  They will … Read the rest