Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia

renewableenergyfocus.com 11 Jul '12, 6pm

Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia

With funding support coming from Australia’s federal government, the 19MW project will use Ocean Power Technologies’ (OPT) PowerBuoy technology and is one of the largest wave energy projects announced to date. It will be developed off the coast of Portland, Victoria by a special purpose Australian company, Victorian Wave Partners Pty Ltd, currently owned by Ocean Power Technologies (Australasia) Pty Ltd. Lockheed Martin will assist with the design of OPT’s technology, lead the production and system integration of the wave-energy converters and support overall programme management. “Lockheed Martin is applying its expertise to commercialise promising, emerging alternative energy technologies,” explained Dan Heller, vice president of new ventures for Lockheed Martin’s Mission Systems & Sensors business. “Lockheed Martin’s engineering, production, and systems integration expe...

Full article: http://www.renewableenergyfocus.com/view/26920/ocean-powe...

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RT @NewEnergyToday: Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave #energy project in #Australia [link]
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RT @REFocusmag: Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia [link]
@thePowerStore » 11 Jul '12, 6pm
Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia: Ocea... [link]
@NewEnergyToday » 12 Jul '12, 5am
Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave #energy project in #Australia [link]
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RT @REFocusmag: Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia [link]
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Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia [link]
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RT @REFocusmag: Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia [link]
@feedintariffrat » 11 Jul '12, 9pm
Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia [link]
@REFocusmag » 11 Jul '12, 9pm
Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia [link]
@CleanergyOrg » 11 Jul '12, 6pm
Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia: Ocea... [link]
@kellygreenworld » 11 Jul '12, 6pm
Ocean Power Technologies and Lockheed Martin join forces to develop 19MW wave energy project in Australia: Ocea... [link]