LOCKHEED TO TEST WAVES
Wave energy system to be built by Lockheed Martin
September 13, 2011 (PennWell via HydroWorld)
"Ocean Power Technologies Inc. is collaborating with Lockheed Martin to build a planned 1.5 MW capacity wave energy generation project in Oregon…Lockheed Martin will provide design, manufacturing, system integration and supply chain management expertise with OPT’s PowerBuoy technology…"
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"The Department of Energy (DOE) awarded OPT a $2.4 million contract to promote development of marine energy…Construction of the Oregon PB150 PowerBuoy’s steel structure has been completed and testing is ongoing."