• Connect With Us:
  • OPT selects diving service for Australian wave energy project

    Victoria Australia Map

    Wave energy developer Ocean Power Technologies, Inc. has selected Australia's Professional Diving Services (PDS) to conduct a detailed seabed survey for a proposed 62.5 MW hydrokinetic installation.

    The project, to be located off the Portland coast in southeastern Australia, is being developed by Ocean Power Technologies (NASDAQ: OPTT) via its subsidiaries Wave Partners Ptw Ltd. (VWP) and Ocean Power Technologies Australasia Pty Ltd. (OPTA).

    OPTA said the surveying contract marks a major step in the project's development, and will take into account environmental, recreational and commercial interests.

    "I have seen the proactive and positive approach taken by Victorian Wave Partners in engaging with the regional community, and I am honored to have been selected for this important work," PDS principal Frank Zeigler said.

    VWP was awarded a US$61.6 million grant by the Commonwealth of Australia through a process undertaken by the Australian Department of Resources, Energy and Tourism under its Renewable Energy Demonstration Program.

    Ocean Power Technologies -- headquartered in Pennington, N.J. -- said the project will create more than 300 jobs in association with the fabrication, engineering, marine services and maintenance operations throughout the site's development.

    The company said it expects the project to cost more than $213 million to complete.

    The site will eventually feature Ocean Power Technologies' PowerBuoy wave energy systems, which are currently being tested off the coast of Oregon.

    Hydro Industry Financials

    Buyers Guide Products

    Needlefish P150 ROV

    Portable system designed for underwater inspect...

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    Global Diving & Salvage Inc

    Contractors and government agencies rely on Glo...

    Handon Diving Service Inc

    J W Fishers Manufacturing Inc

    Designs and manufactures underwater search syst...

    Eason Diving & Marine Contractors

    Provides general contractor, subcontractor, con...


    Underwater, rope access and confined area contr...

    Continuing Education

    Professional Development Hours
    To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

    Volume 32, Issue 10
    Volume 22, Issue 1

    Archived Articles

    2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
    Hydro Review Past Issues

    Premium Content AD Promo Space