Orecon

I saw a press report that ORECon was being wound up. Details are here.

The CEO said that the company had been negotiating to participate in the WaveHub project, and that it had been unable to secure funding.

ORECon's technology is an Oscillating Water Column device, which uses multiple resonant feeder pipes to optimise energy capture. I wonder if there's any IP worth buying from the Liquidator?


Apologies for brevity - posted from my iPhone

ORECon closes $24 million fund raising

ORECon, the southwest UK-based wave energy developer which had seemed to be somewhat dormant of late has just announced a $24 million fund raising.

This is terrific news, as it means another wave energy developer now has the wherewithal to fund the building of a full scale prototype.