Updated at 10:48 a.m., Tuesday, October 2, 2007
Kaneohe buoy project receives $1.9 million
Advertiser Staff
Ocean Power Technologies Inc., a company developing electrical generators that harness wave energy, said it received an additional $1.9 million for its on-going contract to install one of its systems off of O'ahu.The contract supports the testing and monitoring of one of the company's PowerBuoy systems that is to be deployed about one mile off of Marine Corps Base Hawaii in Kane'ohe. The project entails installing, testing and connecting to a grid of multiple buoys. The company said data from the test will also support engineering of the next generation of its buoys.
