News & Announcements

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Ocean Power Technologies Project Wins A $66.5m Award from Australian Federal Government

Ocean Power Technologies, Inc. (OPT) - Ocean Power Technologies (Australasia) Pty Ltd (“OPTA”), a subsidiary of Ocean Power Technologies, Inc. more...

Ocean Power Technologies Completes Successful Trials of Underwater Substation Pod

Ocean Power Technologies, Inc. (OPT) - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") announces the successful completion of trials of its Underwater Substation Pod ("USP") product in Spain. The USP, based on the Company's proprietary design, has been developed to facilitate the collection, networking and transforming of power and data generated by up to ten of its PowerBuoys for transmission to a shore-based electricity grid by one subsea power cable. It has been built as an open platform, and can therefore provide "plug and play" connectivity for any offshore energy device linked to it. more...

Pound 8 million project to help unlock potential of marine energy launched by The Energy Technologies Institute

Garrad Hassan America, Inc - An £8 million project that will produce tools capable of accurately estimating the energy yield of major wave and tidal stream energy has been approved by the Energy Technologies Institute. more...

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Another milestone for Aquamarine Power

Aquamarine Power Ltd. - Aquamarine Power passed another milestone last week when its wave energy converter Oyster was released from its locked down position on the seabed. more...

OCEAN POWER TECHNOLOGIES AND LOCKHEED MARTIN DEVELOPING UTILITY-SCALE WAVE POWER SYSTEM

Ocean Power Technologies, Inc. (OPT) - Lockheed Martin [NYSE:LMT] and Ocean Power Technologies, Inc. more...

Ocean Power Technologies Signs Agreement for Development of Wave Power Station in Japan

Ocean Power Technologies, Inc. (OPT) - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) (“OPT” or “the Company”) is pleased to announce it has signed an exclusive agreement with a consortium of three leading Japanese companies to develop a demonstration wave power station in Japan. The Japanese consortium comprises Idemitsu Kosan Co., Mitsui Engineering & Shipbuilding Co., and Japan Wind Development Co. (the “Consortium”). Further, OPT has been invited to become a member of the Tokyo Wave Power Initiative, a committee including the city of Tokyo, regional governments and national agencies involved in the promotion of new energy sources. more...

AQUAMARINE POWER WELCOMES INDUSTRY ROAD MAP FOR MARINE ENERGY

Aquamarine Power Ltd. - Wave energy developer Aquamarine Power welcomes the Marine Energy Road Map which was published today [26 August 2009] by the Scottish Government’s Marine Energy Group (MEG). more...

FULL OPERATIONS INITIATED AT NATION’S FIRST COMMERCIAL HYDROKINETIC POWER STATION

Hydro Green Energy, LLC - While visiting the nation's first federally-licensed hydrokinetic power project, Philip D. more...

CRUCIAL PHASE OF OYSTER INSTALLATION COMPLETED

Aquamarine Power Ltd. - Oyster, the UK’s first nearshore wave energy converter, moved another step closer to generating clean, green energy with today’s announcement that Aquamarine Power has just completed the crucial first phase of its deployment at the European Marine Energy Centre (EMEC) at Billia Croo in Orkney. more...

Garrad Hassan highlights Scotland’s renewable energy future

Garrad Hassan America, Inc - A report published recently announced that Scotland can reach and even surpass 2011 and 2020 renewable energy electricity targets set by the Scottish government, and could be powered by 100% sustainable energy in a little as 20 years. more...

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ENERGY BLOGS

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