July 12, 2012
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Energy & Renewables Newsletter July 12, 2012 |
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| This Week´s Featured News Stories |
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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 Martin will assist with the design of Ocean Power Technologies` (OPT) PowerBuoy® technology, lead the production and system integration of the wave-energy converters and support overall program management. ... | ||
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Review of Ireland`s energy policies supports country`s push for a low-carbon economy
Despite a severe economic downturn, Ireland has held to its ambitious energy targets to move itself towards a low-carbon economy. But to reach its goals and break its heavy use of imported fossil fuels, Ireland must invest even more in renewable technologies, expand grid integration and improve energy efficiency, the International Energy Agency<http://www.iea.org/> (IEA) said today in a review of Irish energy policies. "At a time when many governments are shying away from their commitments to clean energy, Ireland has courageously resisted the temptation to scale back its own," IEA Executive ... | ||
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