Ocean Power Technologies, Inc. is pleased to announce that it has won two new funding awards totaling $4.8 million from the US Department of Energy (“DoE”). OPT plans to use the first award, for $2.4 million, in connection with the construction and deployment of one of its PB150 PowerBuoys® at Reedsport, Oregon, as part of [...]
Read Full Post | Make a Comment ( Comments Off so far )Ocean Power Technologies, Inc. is pleased to announce it has signed an exclusive agreement with a consortium of three leading Japanese companies to develop a demonstration wave power station in Japan. The Japanese consortium comprises Idemitsu Kosan Co., Mitsui Engineering & Shipbuilding Co., and Japan Wind Development Co. (the “Consortium”). Further, OPT has been invited [...]
Read Full Post | Make a Comment ( Comments Off so far )Ocean Power Technologies, Inc. is pleased to announce that the Board of Directors of OPT has elected Mark Robert Draper as the Company’s Chief Executive Officer effective January 29, 2009. Mr. Draper, 45, has served as the Company’s Chief Operating Officer since June 2007 and as the Chief Executive and Director of OPT’s wholly-owned European [...]
Read Full Post | Make a Comment ( Comments Off so far )Green Alternative Energy News
Looking for more news?
Why not try sites on the pressroll...
