Ocean Power will use 2.2 million euro grant to develop 1.39-megawatt wave project in Spain

Oceans hold enormous untapped potential that could generate up to 200 gigawatts of new power

Wave energy industry powers up through the world’s largest and only hydroelectric wave energy device

Ocean Power Technologies taps Oregon Iron Works to construct its first commercial wave energy station

Following on a collaboration plan made in January, New Jersey-based Ocean Power Technologies Inc. has partnered with Lockheed Martin to develop its wave energy systems for future utility-scale power generation projects in North America

The government of Gujarat, India has agreed with a subsidiary of Israel’s S.D.E Wave Energy Ltd. to build a 5-megawatt power plant that harnesses energy from ocean waves

Ocean Power Technologies has brought its wave energy technology to Japan through a deal that would allow its product to be manufactured by Japanese companies in the future

A multinational consortium has won a $ 4.4 million (3 million euros) contract for a new wave-harnessing technology, the first demonstration of an innovative full-size ocean system under a European Union grant scheme

Wave energy will soon power the United States Navy’s sensor-based communications systems through Ocean Power Technologies Inc.’s generation system under a $2.4 million contract

The US Pacific Northwest National Laboratory has received more than US $6.8 million over the next three years to support studies on marine and river power. PNNL will use the bulk of the funding, $3.45 million, for a project that will examine the environmental impacts of marine and hydrokinetic

Saying it will allow companies like itself to be commercially introduced, Aquamarine Power, a Scottish marine energy company, welcomed 60 million pounds (US $100.7 million) in new funding for marine energy development in the UK.