Quantcast

Latest Wave power Stories

2008-10-15 03:00:19

Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") today announces that it expects to benefit from the Energy Improvement and Extension Act of 2008. This Act is part of H.R. 1424, recently passed by the US House of Representatives and signed into law by President George W. Bush on October 3, 2008. The Act will for the first time enable owners of wave power projects in the US to receive federal tax credits, thereby improving the long-term...

2008-10-10 15:00:30

We're starved for clean energy when it is all around us, in the air, water and even the earth. We'd have plenty if we could figure out how to collect it. But technological development must overcome some formidable challenges, especially to mine the powerful energy in water. Water is much denser than air, so harnessing even a small amount of the tidal current flowing in and out of our region's many bays and estuaries, or the deep-ocean currents such as the Gulf Stream, can produce vast...

2008-10-10 06:00:31

Power utility Iberdrola Renovables has opened the first buoy of the pilot wave power plant at Santona in Spain. The joint company that is developing the plant, called Iberdrola Energias Marinas de Cantabria, is owned by Iberdrola Renovables (60%), Total (10%), OPT (10%), the Instituto para la Diversificacion y el Ahorro Energetico (Institute for Energy Diversification and Saving), IDAE (10%), and the Sociedad para el Desarrollo de Cantabria (Cantabria Regional Development Agency), SODERCAN...

2008-10-08 03:00:24

By Anonymous The MMS released a Broad Agency Announcement (BAA) for oil Spill Response Research and Decommissioning July 16, 2008, requesting potential contractors submit five-page White Papers on research topics of current interest to them. The title of the BAA is oil Spill Response Research and Decommissioning, but there is a topic within the BAA that should be of interest to all wave and/or current energy conversion device developers. Topic 9 is "Ohmsett Testing of Wave Energy...

2008-10-02 03:00:39

Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") today announces that it has received a US$2.0 million award from the US Department of Energy (DoE), in support of OPT's wave power project in Reedsport, Oregon. The DoE grant will be used to help fund the fabrication, assembly and factory testing of the first PowerBuoy(R) to be installed at the Reedsport site. This system will be a 150 kilowatt-rated PB150 PowerBuoy, major portions...

2008-09-30 12:00:42

By DAVID ROSS HIGHLAND CORRESPONDENT ALEX Salmond yesterday declared that the Pentland Firth would be "the epicentre of Scotland's future in renewable energy" as it officially became one of the country's first marine power sites. The First Minister unveiled his vision to make Scotland's seabed available to allow the power of tides to be transformed into the electricity that would turn the area into the powerhouse of Europe. He made clear that environmental concerns would not stand in...

2008-09-24 10:00:00

By Kate Galbraith For years, technological visionaries have painted a seductive vision of using ocean tides and waves to produce power. They foresaw large installations off coastlines and in tidal estuaries that could provide as much as 10 percent of U.S. electricity needs. But the technical difficulties of making such systems work are proving formidable. Last year, a wave-power machine sank off the Oregon coast. Blades have broken off experimental tidal turbines in the turbulent East River...

2008-09-23 03:00:25

Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT") is pleased to announce that it has deployed its first PowerBuoy(R) under contract with Iberdrola S.A, one of the world's largest renewable energy companies, and its partners, at a site approximately 3 miles off the coast of Santona, Spain. First OPT Wave Power Station in Europe As noted by Iberdrola, the deployment of OPT's PB40 PowerBuoy is the latest milestone toward the building of the...

2008-09-18 03:00:22

By Fletcher, Sam A 1963 episode of the popular television series, "The Twilight Zone," told of a rich executive who, with no new business challenges to conquer, made a deal with the Devil to return as a young man to his childhood home in the late 19th Century and build his fortune again with the hindsight of modern knowledge. He used the limited investment funds allowed him to buy land he knew would be a future oil field, then told the sellers how he outsmarted them. But they already knew...

1f38416e35af119ee620ad3b092dc0471
2008-09-16 12:05:00

Google is considering a move to deploy barges anchored seven miles offshore that would house supercomputers operating the company's Internet search engines. These "water-based data centers", which can be the size of a football field, would reduce costs by using wave energy to power and cool the computers.  And as an added benefit, the offshore status of these data centers would make them exempt from property taxes. An online report by The Times cites Google's patent application, which...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
Related