Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Ocean Power Tech Deploys North Sea Wave Energy Buoy (Int'l.)
Ocean Power Technologies
Date: 2019-08-28
Pennington, New Jersey-headquartered wave energy developer Ocean Power Technologies is reporting the deployment of a PB3 PowerBuoy wave energy device at UK oil and gas exploration and production company Premier Oil's Huntington field in the North Sea. The "trial" installation is on a nine-month lease agreement with a purchase option.

The PB3 unit will serve as an autonomous intelligent platform to provide communications and remote monitoring services. (Source: Ocean Power Technologies, Renewables, 26 Aug., 2019) Contact: Ocean Power Technologies, (609) 730- 0400, www.oceanpowertechnologies.com

More Low-Carbon Energy News Wave Energy,  Tidal Power,  


Ocean Renewable Power Seeking Tidal Power Investors (Ind. Report)
Ocean Renewable Power
Date: 2018-08-31
In Maine, Portland-based alternative energy startup Ocean Renewable Power Co. reports it is seeking a tide of investment capital to advance its unique RivGen -- in stream -- and TidGen -- tidal -- marine power turbines.

The company is seeking $12 million in private investment in addition to a recent $6 million infusion. An initial funding round will be followed by a push for another $18 million earmarked for production startup, commercialization and marketing.

In 2017, marine energy reportedly attracted only $200 million in investments worldwide; solar energy drew $161 billion and wind attracted $107 billion, according to Bloomberg's 2018 New Energy Finance investment report. (Source: Ocean Renewable Power, Portland Press Herald, 28 Aug., 2018) Contact: Ocean Renewable Power, Chris Sauer, CEO, 207.772.7707, www.orpc.co

More Low-Carbon Energy News Ocean Renewable Power,  Tidal Power,  Ocean Power ,  

Showing 1 to 2 of 2.