CURRENT PROJECTS

 

APB 350 Autonomous PowerBuoy, New Jersey

 

Spain

 

COMPLETED PROJECTS

 

Scotland

 

Hawaii

 

New Jersey

 

 

Projects



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CURRENT PROJECTS

APB 350 Autonomous PowerBuoy, New Jersey

OPT has successfully operated an autonomous APB 350 PowerBuoy® off New Jersey, designed and manufactured by OPT under the US Navy’s Littoral Expeditionary Autonomous PowerBuoy (LEAP) program for coastal security and maritime surveillance. The system was also operated under contract from the US Department of Homeland Security, demonstrating radar and sonar detection capability.

Victoria, Australia

Ocean Power Technologies (Australasia) Pty Ltd was developing a wave power station connected to the grid near Portland, Victoria. The project has provided notice of termination due to commercial viability. Click here to view 8-K Notice of Intent to Terminate.


 

Spain

In July 2006, OPT formed a joint venture with Iberdrola S.A., global oil major TOTAL, the Spanish Government IDAE (Institute of Energy Savings and Efficiency), and the local regional development agency SODERCAN, for a dmonstation PowerBuoy off the North coast of Spain. OPT has been awarded new funding by the European Union to deploy a PowerBuoy, also on the North Coast, to demonstate improvements in the stystem's electronic "tuning" capability.

Oregon

OPT was developing a commercial wave park on the West coast of the United States off the coast of Oregon. The first phase of this project was planned to have been the demonstration of a Mark 3 PowerBuoy off Reedsport, Oregon. The project has been discontinued by OPT following the mutual agreement of OPT and US Department of Energy (DOE) to proceed with termination of the Company's contract covering ocean deployment of the single PowerBuoy. The Reedsport project encountered a considerable increase in costs related to the project and the Company was unable to obtain the required financing directly related to the completion of the project.

 

COMPLETED PROJECTS

Scotland

The Mark 3 PowerBuoy was deployed at sea in 2011 by a team including Scotland-based Global Maritime Scotland Ltd, Port Services (Invergordon) Ltd and OPT, with the support of the Cromarty Firth Port Authority.

Hawaii

From 2009 to 2011, OPT ocean-tested its PowerBuoy at the US Marine Corps Base Hawaii (MCBH) at Kaneohe Bay. The Oahu PowerBuoy was launched under the Company's program with the US Navy for ocean testing and demonstration of PowerBuoys, including connection to the Oahu grid.

New Jersey

The principles demonstrated with the prototype PowerBuoy deployed and tested off the coast of Atlantic City were integrated into the designs of the buoys for Hawaii, Spain, and Mark 3 PowerBuoys.