Wave Tidal Hydro

OPT and Lockheed link for 19MW Australian wave project

Ocean Power Technologies (OPT) and Lockheed Martin have entered into an agreement to advance a 19MW wave-energy project off the state of Victoria, Australia, that is likely to cost more than A$200m ($204.9m).

The modular PowerBuoy system converts the rising and falling of waves into energy using mechanical stroking technology
The modular PowerBuoy system converts the rising and falling of waves into energy using mechanical stroking technology
Published 11 July 2012, 22:40Updated 21 December 2012, 16:15
Asia-PacificMarine Energy