- Category: Water Power
21 Apr 2011
- Published on Thursday, 21 April 2011 05:43
- Hits (943)
Ocean Power Technologies, Inc., a wave energy technology company, has awarded four major contracts to Oregon companies to manufacture the PB150 PowerBuoy wave energy device that will be used for their Reedsport wave project.The four different companies awarded with the contracts will each play a crucial role in the assembly of O.P.T.s wave power device. With these new contracts, the company has invested as much as $6 million to the local economy.
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