Ocean Power Technologies Inc. said it had completed installation of one of its PowerBuoy wave-power generation units about one mile off O'ahu's Windward coast.

The buoy is anchored in 100 feet of water off of Kane'ohe. Ocean Power Technologies said the U.S. Navy has added about $300,000 in funding for the program, which is part of the Navy's program to reduce dependence on fuel shipments for power generation facilities.

Electricity generated by the buoy will be connected to O'ahu's power grid.