www.birminghampost.net
Jun 18 2009
The US parent company of Warwick-based Ocean Power Technologies said it had passed two major milestones in the development of its state-of-the-art wave energy converter, the PB150 PowerBuoy. Once fully-demonstrated at the European Marine Energy Centre in Scotland, the company intends to deploy PB150 PowerBuoys in projects around the world, including Oregon in the US, Victoria in Australia, and Cornwall.
The two recently-completed stages for the PB150 include the completion of the mechanical elements of the power take-off system and the awarding of the steel fabrication contract for the PowerBuoy structure. Ocean Power Technologies chief executive officer Mark Draper said the company was "on track to achieve our objective of utilising wave power as an economically-viable source of renewable energy".
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