ocean power News

  • Mechanical fin power: oceanic power generation

    Tim Finnigan, a professor of ocean engineering at the University of Sydney in Australia designed a radical oceanic energy collector inspired by the design of shark tails. Mimicking the successful evolutionary design of the fish species, he constructed a device that seizes the power of the sea. “I realized the systems that function the best are the ones that already exist there,” said Finnigan. ...

  • China Ocean Energy Power Generation Market Analysis

    China ocean energy power generation market analysis is an invaluable asset for anyone who wants to invest in the ocean energy power generation industry, to import into/from China, to build factories in China, to partner with one of the key Chinese corporations, or to compete in the segment. The report provides in-depth analysis and detailed insight into the ocean energy power generation industry, ...


  • Tropical islands poised to benefit from ocean power

    Island nations in the developing world are especially well placed to benefit from technology that exploits a new potential source of energy from sea water: ocean thermal energy conversion (OTEC), experts have said. The technology uses sea water from the ocean depths to generate ...


    By SciDev.Net

  • Ocean Power Technologies Announces Election of New Director

    Ocean Power Technologies, Inc. (Nasdaq:OPTT) (“OPT” or “the Company”), a leading wave energy technology company, today announced that Terence J. Cryan was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of Stockholders held on October 4, 2012. In addition, Thomas J. Meaney retired from the Board of Directors effective with the ...

  • Oceaneering to Present at the Barclays CEO Energy-Power Conference

    Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced today that President Rod Larson will make a presentation, and Mr. Larson and other members of management will meet with investors at the Barclays CEO Energy-Power Conference in New York on Wednesday, September 7, 2016. The presentation handout will be made available after the close of the market on Tuesday, September ...

  • Harnessing energy from the oceans

    Forever moving - our restless oceans have enough energy to power the world. As long as the Earth turns and the moon keeps its appointed cycle, the oceans will absorb and dissipate vast amounts of kinetic energy - a renewable energy resource of enormous potential. But harnessing this resource has proven more difficult than first thought. In this the latest installment of the GLOBE-Net Series on ...


    By GLOBE Foundation

  • Ocean Power Technologies Completes Testing of Next Generation Power Take-Off

    Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company"), a leading wave energy technology company, today announced the successful completion of extensive factory acceptance testing of the first of its next generation power take-off (“PTO”) units for the Company’s utility-scale PowerBuoy®, the PB150. The PTO has now been ...

  • Health warning for world’s oceans

    The world’s oceans – covering nearly two-thirds of the Earth’s surface, and on which much of human life depends – are under severe pressure, a report says. Over-fishing has dramatically reduced fish stocks. The thousands of tonnes of rubbish dumped in the oceans wreak havoc on marine life, while climate change is warming and acidifying them, putting them under further ...


    By GLOBE Foundation

  • Harnessing energy from the oceans

    Forever moving - our restless oceans have enough energy to power the world. As long as the Earth turns and the moon keeps its appointed cycle, the oceans will absorb and dissipate vast amounts of kinetic energy - a renewable energy resource of enormous potential. But harnessing this resource has proven more difficult than first thought. In this the latest installment of the GLOBE-Net Series on ...


    By GLOBE Foundation

  • Global Ocean Energy Report

    Reportlinker.com announces that a new market research report is available in its catalogue: Global Ocean Energy Report ...


    By ReportLinker

  • Oceaneering to Participate at the RBC Capital Markets Global Energy and Power Executive Conference

    Oceaneering International, Inc. (“Oceaneering” or the “Company”) (NYSE:OII) announced today that Chief Executive Officer M. Kevin McEvoy and other members of management will meet with institutional investors at the RBC Capital Markets Global Energy and Power Executive Conference in New York, New York on Tuesday, June 7, 2016. The conference handout will be made available ...

  • The rising Tide of Ocean Energy – New Ideas for Renewable Power

    A race is on worldwide to harness the tides and waves for electrical power, with more than 100 different devices being tested by companies hoping to make a commercial breakthrough. And a new report from the European Union’s Joint Research Centre expresses confidence ...


    By Climate News Network

  • Ocean Power Technologies deploys wave energy device off Hawaii coast

    Ocean Power Technologies, Inc. (OPT) announced on February 1 that it has successfully deployed one of its PowerBuoy wave energy devices about a mile offshore from a U.S. Marine Corps Base on the island of Oahu in Hawaii. The device generates up to 40 kilowatts of power from the rise and fall of the waves, and since its deployment in December 2009, it has been generating power within ...

  • Ocean Power Technologies and Lockheed Martin to Develop Wave-Energy Project in Australia

    Ocean Power Technologies, Inc. (Nasdaq: OPTT), a leading wave energy technology company, and Lockheed Martin (NYSE: LMT) have entered into a teaming agreement with the goal of developing a 19 megawatt wave-energy project in Victoria, Australia. This is one of the largest wave-energy projects announced to date, and leverages a grant from the Commonwealth of Australia. For the project, Lockheed ...

  • Ocean Power Technologies PB150 Device Outperforms in Sea Tests

    Ocean Power Technologies, Inc. (Nasdaq: OPTT) ("OPT" or the "Company"), a leading wave energy technology company, is pleased to announce that the first of its new generation utility-scale PowerBuoy® device, the PB150, has delivered better-than-expected initial results from tests being conducted off the northeast coast of Scotland. Rated at 150 kilowatts, this device was ...

  • Ocean Power Technologies Awarded $4.8 Million by US Department of Energy

    PENNINGTON, N.J. - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") is pleased to announce that it has won two new funding awards totaling $4.8 million from the US Department of Energy (“DoE”). OPT plans to use the first award, for $2.4 million, in connection with the construction and deployment of one of its PB150 ...

  • Ocean Power Technologies Announces Results for the Year Ended April 30, 2010

    PENNINGTON, N.J. - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) (“OPT” or “the Company”) announces its financial results for the year ended April 30, 2010. Fourth Quarter and Fiscal Year 2010 Highlights Revenue grew by 26% to $5.1 million for the fiscal year ended April 30, 2010, ...

  • Rivers and oceans as clean sources of energy

    The third day of the acqua alta, which will take place from 10 to 12 November at the CCH - Congress Center Hamburg - will be focusing on the topic of hydro energy. Experts from Germany and abroad will be presenting new developments and projects. Not only will the classic types of energy generation from water power be addressed, but also the advanced and climate-friendly use of tides and sea ...

  • Ocean Power Technologies Appoints New Vice President of Operations

    PENNINGTON, N.J. - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) (“OPT” or “the Company”) is pleased to announce the appointment of Michael G. Kelly as Vice President of Operations. Mr. Kelly, 50, joins OPT with thirty years of experience in the marine industry, spanning design, manufacturing, deployment and field service of large, ...

  • Ocean Power Technologies Expands Relationship with Mitsui Engineering & Shipbuilding

    PENNINGTON, N.J. - Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") is pleased to announce that it has expanded its relationship with Mitsui Engineering & Shipbuilding Co. Ltd. (“MES”) with the signing of a new contract to develop OPT’s PowerBuoy technology for its application in Japanese sea conditions. Under this new ...

Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you