The two recently completed stages for the PB150 comprise the completion of mechanical elements of its power take-off system and the awarding of a steel fabrication contract for the PowerBuoy structure.

Once fully demonstrated at EMEC, the Nasdaq and London Stock Exchange AIM-listed company says it intends to deploy PB150 PowerBuoys in projects at locations including Reedsport, Oregon in the US, Victoria, Australia and Cornwall in the UK.

Steel