Tuesday, May 20, 2008

OPT joins the multi-MW club

Ocean Power Technology has just announced a 10 MW wave energy project in Australia with potential for expansion up to 100 MW later.

It joins the exclusive club of wave energy developers with multi MW projects at some stage in development. Others which come to mind are Pelamis Wave Power with 2.25 MW in Portugal and Scotland, with expansion options, the WaveHub - comprising a few MW from each of Pelamis, OPT, Oceanlinx and Fred Olsen - and Finavera which has a couple of projects in the Pacific NorthWest.

Some other developers might claim to be near to joining the club (WaveDragon, Archimedes WaveSwing), but they're some way off yet (unless I've missed some!)

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