Ocean Power Technologies Inc. announced that it has completed the first-ever grid connection of a wave energy device in the United States at the Marine Corps Base Hawaii, in conjunction with the U.S. Navy.
The connection demonstrates the ability of OPT's PowerBuoy systems to produce utility-grade, renewable energy that can be transmitted to the grid in a manner fully compliant with national and international standards, a press release states.
The PB40 PowerBuoy is part of OPT's ongoing program with the U.S. Navy to develop and test the Company's PowerBuoy wave energy technology.
The PowerBuoy has been in operation since deployment in December 2009 – including surviving significant storm conditions – and has produced power from over 3 million power take-off cycles and 4,400 hours of operation, a press release states.
The grid interface was certified in 2007 as compliant with national and international standards.
The project also underwent an extensive environmental assessment by an independent environmental firm in accordance the National Environment Policy Act (NEPA) that resulted in a Finding of No Significant Impact (FONSI).
Recently, Ocean Power Technologies Inc. announced that its subsidiary, Ocean Power Technologies Ltd, based in Warwick, England, was awarded a GBP 1.5 million (US$2.3 million) grant from the South West of England Regional Development Agency for the development of its next generation PowerBuoy wave power system.
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