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News Breaks
November 2, 2009
05:13 EDTOPTT
theflyonthewall.com: Ocean Power Technologies completes successful substation pod underwater trials
Ocean Power Technologies announced the successful completion of trials of its Underwater Substation Pod, or USP, product in Spain. The USP, based on the company’s proprietary design, has been developed to facilitate the collection, networking and transforming of power and data generated by up to ten of its PowerBuoys for transmission to a shore-based electricity grid by one subsea power cable. It has been built as an open platform, and can therefore provide “plug and play” connectivity for any offshore energy device linked to it. Underwater trials of the USP included pressure testing, running electric power to and from the system, and verification of data communication capabilities. :theflyonthewall.com



News For OPTT From The Last 14 Days
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February 9, 2012
10:21 EDTOPTT
theflyonthewall.com: Study says oceans could supply over half of U.S. energy, Forbes reports
A government-sponsored study says that the oceans surrounding the U.S. have enough energy to potentially supply over half the nation’s electricity demand, according to a Forbes report yesterday, but only 5 MW, or enough to light about 4K homes, is currently being exploited. The article highlights advances that may change that, specifically discussing the partnership between Lockheed Martin (LMT) and Ocean Power Technologies (OPTT). Reference Link :theflyonthewall.com

February 2, 2012
07:12 EDTOPTT
theflyonthewall.com: Ocean Power Tech reports strong performance of autonomous PowerBuoy

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