Ocean Power Technologies (OPT) Moves Ahead With Buoys
Ocean Energy Devices Deployed in Two Oceans (11/15/05) reports that Ocean Power Technologies is moving ahead with ocean projects in New Jersey and Hawaii. (from Renewable Energy Access ). According the article, OPT has deployed buoys off the coast of Hawaii (as part of a Navy contract) and New Jersey and both are successfully producing power. The next step for OPT will be to negotiate power contracts with utilities in New Jersey and link its Hawaii buoy up at the naval base where it is located.