You are here: Home » Other Renewables » Tidal & Wave
Ocean Power Technologies Gets Closer to Utility-Scale Wave Power in America

Ocean Power Technologies PowerBuoy: Coming soon to Oregon Ocean Power Technologies is a step closer today to building the country&’s first utility-scale wave power project in Oregon. The Pennington, N.J.,-based company announced that it had signed a settlement agreement with 11 federal and […]

Ocean Power Technologies Gets Closer to Utility-Scale Wave Power in America

Ocean Power Technologies PowerBuoy: Coming soon to Oregon Ocean Power Technologies is a step closer today to building the country’s first utility-scale wave power project in Oregon. The Pennington, N.J.,-based company announced that it had signed a settlement agreement with 11 federal and […]

Scotland’s Aquamarine Raises ?6M

Aquamarine Power, an Edinburgh-based developer of wave-powered electric generation technology, has secured ?6 million ($8.91 million) from undisclosed investors to support construction of its 2.8 megawatts Oyster 2 wave power devise.

Wave Energy: Politically Attractive These Days, But Still Has Lots To Prove

The fallout from the recent oil spill in the Gulf of Mexico has politicians who previously supported oil prospecting off the United States’ coasts running for cover. Left-leaning pundits have been quick to ridicule the deafening silence coming from the conservatives who little […]

Scottish and Southern’s Renewable Energy Sub. To Develop 400 MW of Wave & Tidal-Powered Projects

Scotland: The Saudi Arabia of tidal and wave power! SSE Renewables, the renewable energy unit of Scottish and Southern Energy, was awarded exclusive rights to develop up to 400 megawatts of wave and tidal-powered electricity in and around the Scottish coast as part of […]

Ocean Power Technology CEO Resigns

The PowerBuoy In a surprising development, Ocean Power Technologies (OPT) has announced that CEO Mark Draper is leaving the company less than a year after taking the top position from company founder Dr. George Taylor, citing personal reasons. AIM-listed OPT, which has developed […]

Wave Power Developer OPT Gets $60M Funding for Australian Utility-Scale Power Project

Ocean Power Technologies (NASDAQ:OPTT / LSE:OPT), the Pennington, N.J., -based developer of wave powered technology, has received A$66.46 million ($60.65 million) grant from Australia’s Resources & Energy Ministry to finance construction of a 19 megawatts wave power project on the Indian Ocean. Once […]

Alliant Energy Unit Poised to Launch Construction of 400 MW Wind Project

Wisconsin Power and Light (WPL), a unit of Alliant Energy in Madison, Wisc., is poised to start construction on a wind farm in Freeborn County, Minn., that could produce up to 400 megawatts of electricity once it reaches full capacity. WPL could start […]

Ocean Power Technologies appoints new CEO

Wave power company, Ocean Power Technologies has appointed Mark  Draper as its new Chief Executive Officer. The AIM-listed company develops water buoys that capture waves to generate electricity. Mr. Draper, 45,  would take up the position from Jan. 29, the company said. Mr. […]