SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

CHANNEL BY TOPICS


QUICK LINKS




Ocean Power Technologies Wins New Autonomous PowerBuoy Grant
GOVERNMENT TECHNOLOGY HOME
WHITEPAPERS
WEBINARS
EVENTS
LATEST NEWS
FREE eNEWSLETTER
SEE ALL GOVERNMENT TECHNOLOGY STORIES

Government Technology Featured Article

September 05, 2012

Ocean Power Technologies Wins New Autonomous PowerBuoy Grant

By Raju Shanbhag, TMCnet Contributor


Recently, Ocean Power Technologies entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Homeland Security (DHS) Science & Technology Directorate (S&T (News - Alert)).


According to the agreement, the company will perform a new round of in-ocean tests on its Autonomous PowerBuoy to showcase its use in ocean surveillance.

Ocean Power Technologies' PowerBuoy is created to convert ocean wave energy into useable electrical power for utility-scale grid-connected applications. The PowerBuoy can be installed in arrays scalable to hundreds of megawatts.

Offering up to hundreds of megawatts of endless, clean, renewable energy from the ocean’s waves, it can be used to produce electricity in commercial-scale utility power plants.

To showcase the efficacy of its long duration maritime vessel detection platform, the DHS S&T Borders and Maritime Security Division will partner with OPT. OPT has been awarded a new $75,000 grant from the Maryland Technology Development Corporation (MTDC) in tandem with the CRADA, the company said in a recent statement.

“Building on our success in 2011 with the LEAP deployment, we are pleased to be implementing this advanced maritime security payload on our Autonomous PowerBuoy” said Charles F. Dunleavy, CEO at OPT. “The CRADA and the grant from the MTDC will assist us in the expansion of the Autonomous PowerBuoy capability for vessel detection operations, which is one of the significant potential markets for this product. We look forward to deploying the upgraded device.”

The company’s wholly-owned Oregon subsidiary, Reedsport OPT Wave Park LLC, recently received approval from the U.S. Federal Energy Regulatory Commission (FERC) for the full build-out of its planned 1.5 megawatt, grid-connected wave power station off Reedsport, OR. Offering an important regulatory approval for the deployment of up to ten (10) OPT devices generating enough electricity for approximately 1,000 homes, this is the first FERC license for a wave power station issued in the United States.


Want to learn more about the latest in communications and technology? Then be sure to attend
ITEXPO West 2012, taking place Oct. 2-5, in Austin, TX. Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.




Edited by Braden Becker


SEE ALL GOVERNMENT TECHNOLOGY STORIES
LATEST GOVERNMENT TECHNOLOGY NEWS

FEATURED ARTICLES





Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2019 Technology Marketing Corporation. All rights reserved | Privacy Policy