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News Breaks
November 6, 2009
11:51 EDTOPTT
theflyonthewall.com: Ocean Power Tech project receives A$66.46M award
Ocean Power Technologies announces that, in partnership with Leighton Contractors, it has received a A$66.46M grant from the Federal Government of Australia to build a 19 MW wave power project off the coast of Victoria, Australia. The award is one of four renewable energy projects approved by the Federal Government after considering over 30 applications, and is the sole wave energy venture. :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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:theflyonthewall.com