EC hands out funds for wave consortium off Spain

The European Commission has handed out €4.5m to a six-member international consortium developing an innovative wave-energy scheme off Spain built around US outfit Ocean Power Technologies’ (OPT) PowerBuoy device.

Awarded under the European Commission’s Seventh Framework Programme, the grant will support development of WavePort, a project aiming to perfect a PowerBuoy with “wave prediction capability” and a wave-by-wave tuning system.

The consortium, which is made up of OPT , Portugal’s Wave Energy Centre, Norway’s Fugro Oceanor, Spanish fabrication yard DeGima, and the UK’s University of Exeter and Intelligent Systems Research Institute.

It is expected the PowerBuoy will be deployed off Santoña in Spain, where OPT has been working on a ten-device wave energy testing programme under a deal with Spanish Log in to read complete article.

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