Untitled Document

Wave energy developer OPT announces new board member

OPT Powerbuoy

Ocean Power Technologies, Inc. has elected David L. Keller to the company's board of directors, the wave energy developer has announced.

Keller joins the Ocean Power Technologies (Nasdaq: OPTT) board as former members David L. Davis and Bruce A. Peacock announced their retirement during the company's annual meeting of stockholders earlier this month.

"We are very pleased to announce David's addition to our board of directors," OPT CEO Charles F. Dunleavy said. "He brings strong experience in the energy and infrastructure sectors. His background in these areas, as well as his management experience in international markets, will serve the company as we move forward."

Keller is currently an independent director of ThermoEnergy Corporation, which engages in the global development, sales, and commercialization of proprietary municipal and industrial wastewater treatment and power generation technologies.

He has also served as president, CEO and director of Global Power Equipment Group Inc., preceded by time as president and chief operating officer of The Babcock & Wilcox Company.

"We look forward to working with David on many exciting initiatives," Dunleavy said.

New Jersey-based Ocean Power Technologies recently announced that it had been selected by Offshore Europe to launch its "PowerBuoy" generating devices into the global oil and gas sector.

OPT was also one of a number of companies receiving funding from the U.S. Department of Energy as part of its marine and hydrokinetic development program.

For more ocean, tidal and stream power news, visit here.

Related Articles

Canada invests C$115,000 for virtual tidal energy atlas

Earlier this month, the government of Canada announced an investment of C$65,000, through th...

Italy’s ENEA continues to study harvesting hydrokinetic energy potential with PEWEC

Italy’s National Agency for New Energy Technologies (ENEA), based in Roma, Italy, in July un...

DOE selects 20 teams to advance in Wave Energy Prize program

The U.S. Department of Energy has pared a list of 92 entrants to just 20 in the first round ...

Europe leading tidal development, but US and Asia catching up

New analysis from market research and analysis firm Frost & Sullivan finds that the UK r...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

07/01/2015
Volume 34, Issue 6
07/01/2015
Volume 23, Issue 4

Buyers Guide Products

Buyers Guide Companies