Ocean Power Technologies News

 

OPT’s Wave-Powered Tech Nears 15MWh of Renewable Energy Production

May 14, 2024

U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) is approaching 15MWh of renewable energy production from its family of PowerBuoys, which primarily exploit wave energy to generate power.The recent launch of…

Ocean Charger for Offshore Wind Vessels Proves a Success

Apr 16, 2024

The industry consortium behind the Ocean Charger project, led by Vard, has completed the demonstration of the charging solution in a port as well the connection solution offshore, proving the technology designed to supply clean power to offshore wind vessels is ready for the market…

CorPower Ocean Verifies All Key Aspects of C4 Device in Wave Power Breakthrough

Feb 27, 2024

Swedish developer CorPower Ocean has completed the first cycle of ocean commissioning program of its C4 wave energy device offshore Portugal, verifying all key aspects of the system and marking a ‘crucial milestone’ for the wider wave energy sector…

OPT to Deploy PowerBuoy in Monterey Bay

Feb 16, 2024

Ocean Power Technologies (OPT) has received funding from California's Naval Postgraduate School (NPS) for the year-long deployment of a PowerBuoy in Monterey Bay.The PowerBuoy, integrating OPT's Maritime Domain Awareness System (MDAS) along…

Southeast Asia’s 1MW Tidal Energy Plant to Feature HydroWing Tech

Jan 31, 2024

Energies PH, through its affiliate San Bernardino Ocean Power Corporation, has awarded an engineering, procurement, and construction (EPC) contract to Inyanga Marine Energy Group to build tidal energy plant in Southeast Asia, which will feature HydroWing technology…

Ocean Power Technologies Secures $1.6M Order for WAM-V 16 USVs

Oct 24, 2023

Ocean Power Technologies, Inc. said Tuesday it had received an additional volume order from Sulmara, an offshore services firm, of WAM-V 16 uncrewed surface vehicles (USVs) 'making this the largest single order of WAM-Vs to date.''The order…

CorPower Ocean Installs First Commercial Wave Energy Converter Offshore Portugal

Sep 05, 2023

CorPower Ocean,a Sweden-based developer of wave energy converters (WEC), said Tuesday it had installed its first commercial-scale WEC in northern Portugal, 'as it accelerates towards making wave energy a bankable technology for mass deployment…

VIDEO: Ocean Power Technologies' WAM Vessel Attaches to Buoy for Remote Charging

Aug 17, 2023

Ocean Power Technologies said Thursday it had made a pivotal achievement in the autonomous maritime technology field, by demonstrating the Wave Adaptive Modular Vessel (WAM-V) attaching itself remotely to a buoy and establishing a connection that will enable charging…

Floating Offshore Wind: EDP Group Transfers Stake in Principle Power to Ocean Winds

May 26, 2023

EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW.Principle Power is specialized in the design…

OPT Deploys Its Next-gen Wave Energy Converter Buoy

Apr 13, 2023

U.S.-based Ocean Power Technologies (OPT) announced the first ocean test of its next-generation increased power wave energy converter buoy, the Mass-On-Spring-Wave-Energy-Converter (MOSWEC) prototype. OPT has reported the operational sized buoy…

Norway: Project Launched to Develop Offshore Charging Solutions for Offshore Wind Vessels

Feb 17, 2023

A project aimed developing a solution to charge offshore vessels' batteries in the offshore wind farms was officially launched at a kick-off ceremony in Ålesund, Norway on Thursday.The project, called the Ocean Charger will be lead by Vard, with its sister companies Seaonics and Vard Electro…

U.S. Starts First California Coast Offshore Wind Lease Sale

Dec 06, 2022

The United States on Tuesday is set to kick off the first sale of offshore wind development rights for waters off the coast of California, expanding the nascent domestic industry to the Pacific Ocean.The auction is a major milestone in the Biden…

Mainstream, Ocean Winds Sign Seabed Lease for 1.8 GW Floating Wind Farm Off Shetland

Nov 02, 2022

Mainstream Renewable Power and Ocean Winds said Wednesday they had signed a seabed lease agreement with Crown Estate Scotland to the value of £36million for the development of a 1.8 GW floating offshore wind farm off Shetland.The companies were…

US DoE Funds Marine Energy Projects

Jul 29, 2022

The U.S. Department of Energy (DOE) recently announced $12 million for 12 hydropower and marine energy projects as part of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program.These small business-led projects…

Bombora Making Progress with 'World’s Most Powerful' Wave Energy Converter

Jul 19, 2022

Bombora Wave Power said this week it was entering the final test and assembly phase of the 1.5MW Pembrokeshire Demonstration Project, as it prepares to validate what it says is the world’s most powerful Wave Energy Converter.'Rigorous testing…

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