Search results for: powerbuoy

240 results

A list of search results

  • 2 March 2020
    Business & Finance, Equipment, Research & Development

    Ocean Power Technologies (OPT) has unveiled the prototype of its newest product, the hybrid PowerBuoy, in production at its New Jersey facility. The hybrid PowerBuoy will offer remote power for subsea and topside applications, reliable data communications, and a nominal 1.5-megawatt hours of energy storage. Solar charging of on-board battery power with a clean-fueled Stirling […]

  • 2 March 2020
    Research & Development, Technology

    Ocean Power Technologies (OPT) has announced that the prototype for its newest product, the hybrid PowerBuoy, is in production at its New Jersey facility. The hybrid PowerBuoy will offer remote power for subsea and topside applications, reliable data communications, and a nominal 1.5-megawatt hours of energy storage. Solar charging of on-board battery power with a […]

  • 14 May 2019
    Operations & Maintenance, Research & Development, Technology

    Ocean Power Technologies’s PB3 PowerBuoy deployed in the Adriatic Sea has produced more than 1 MWh cumulative energy to date. The PowerBuoy has been deployed for six months, operating continuously and error-free while being controlled remotely from OPT’s NJ facility. George H. Kirby, OPT’s president and CEO said, “We are excited to announce this major […]

  • 1 September 2011

      Ocean Power Technologies, Inc. (“OPT” or “the Company”), a leading wave energy technology company, today announced that its PowerBuoy recently deployed off the coast of New Jersey successfully withstood the severe conditions experienced during Hurricane Irene. Deployed under the US Navy’s Littoral Expeditionary Autonomous PowerBuoy (LEAP) program, the PowerBuoy was in the direct path […]

  • 1 June 2018
    Equipment, Operations & Maintenance

    Marine Power Systems (MPS) has completed the assembly and commissioning of its PowerBuoy, a grid simulator designed to operate alongside its quarter scale prototype WaveSub wave energy converter. The PowerBuoy will enable MPS to analyse the WaveSub’s energy generational capacity across a broad range of sea states. Located at marine test site FaBTest in Cornwall, the assembly […]

  • 14 May 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Ocean Power Technologies’s PB3 PowerBuoy deployed in the Adriatic Sea has produced more than 1 MWh cumulative energy to date. The PowerBuoy has been deployed for six months, operating continuously and error-free while being controlled remotely from OPT’s NJ facility. George H. Kirby, OPT’s president and CEO said, “We are excited to announce this major […]

  • 14 March 2013
    Business & Finance, Technology

    Ocean Power Technologies, Inc. (OPT) today announced financial results for its fiscal 2013 third quarter and the nine months ended January 31, 2013. OPT reported a decreased net loss of $10.6 million for the nine months ended January 31, 2013, versus $11.1 million from the comparable period in fiscal 2012. The company’s contract backlog as […]

  • 24 October 2011

    Ocean Power Technologies, Inc. (“OPT” or “the Company”), a leading wave energy technology company, announced the launch of a new technology initiative to enhance the efficiency of the Company’s patented PowerBuoy(R) wave energy systems under the Company’s existing “WavePort” project. OPT will be working with a consortium of European companies and institutions to advance the […]

  • 1 October 2009

    Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) (“OPT” or “the Company”) announces that it has achieved a significant milestone for its autonomous PowerBuoy® product with the award of a new $2.4 million contract from the US Navy to provide OPT’s PowerBuoy wave energy conversion system to the Navy’s Littoral Expeditionary […]

  • 29 June 2020
    Business developments & projects, Equipment, Research & Development, Technology

    Ocean Power Technologies (OPT) has launched its newest product, the hybrid PowerBuoy. Easily deployable and outfitted with multiple power sources the hybrid PowerBuoy power and communications platform is now ready for use. Ideal for shorter-term missions, it is suitable for a variety of marine solutions, OPT says. Specifically, it utilises solar panels and a clean-burning Stirling backup […]

  • 6 November 2012
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys.  While OPT continues actively to pursue its grid-connected Utility Systems business, the new business […]

  • 20 June 2017
    Business & Finance, Research & Development, Technology

    Ocean Power Technologies (OPT) has released a video explaining the working principles behind its PowerBuoy wave energy technology.

  • 23 August 2019
    Research & Development, Technology

    Ocean Power Technologies said it has deployed its PB3 PowerBuoy in the North Sea for Premier Oil. This latest deployment of a PB3 PowerBuoy will serve Premier as an autonomous intelligent platform to provide communications and remote monitoring services at Premier’s Huntington field in the central North Sea. During the deployment, Premier will demonstrate the […]

  • 20 December 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    OPT has said that its PowerBuoy has been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project, aiming to develop, deploy and demonstrate suitability of wave energy technologies in oil & gas operations. The OPT PowerBuoy will be used in the Adriatic Sea to advance Eni’s research and development of proprietary integrated subsea […]

  • 2 February 2012

    Ocean Power Technologies,Inc., a leading wave energy technology company, today announces the results of the ocean operations of its autonomous PowerBuoy recently deployed off the coast of New Jersey for the US Navy. The system delivered a very strong performance, meeting all of its mission specifications. The autonomous PowerBuoy is a self-sustaining persistent power source […]

  • 6 November 2012
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys.  While OPT continues actively to pursue its grid-connected Utility Systems business, the new business […]

  • 19 June 2012

    Ocean Power Technologies, Inc. (“OPT” or the “Company”), a leading wave energy technology company, announced the successful completion of extensive factory acceptance testing of the first of its next generation power take-off (“PTO”) units for the Company’s utility-scale PowerBuoy®, the PB150. The PTO has now been shipped from OPT’s facility in Pennington, New Jersey to […]

  • 3 September 2013
    Business & Finance, Equipment

    Ocean Power Technologies Ltd (OPT), the world-leading supplier of moored, floating buoys that harvest energy from waves, today announced that it has chosen Offshore Europe to launch its PowerBuoy technology into the global oil and gas sector. Already demonstrated in the defence, renewables and utilities sectors, The PowerBuoy is capable of delivering energy from a […]

  • 1 May 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Marine Power Systems (MPS) has completed pre-deployment testing of WaveSub’s PowerBuoy ahead of deployment at FaBTest.

  • 14 March 2013
    Business & Finance, Technology

    Ocean Power Technologies, Inc. (OPT) today announced financial results for its fiscal 2013 third quarter and the nine months ended January 31, 2013. OPT reported a decreased net loss of $10.6 million for the nine months ended January 31, 2013, versus $11.1 million from the comparable period in fiscal 2012. The company’s contract backlog as […]

  • 20 December 2018
    Equipment

    Ocean Power Technologies’ PowerBuoy has been deployed in the Adriatic Sea to advance Eni’s R&D MaREnergy project, aiming to develop, deploy and demonstrate suitability of wave energy renewable technologies in oil & gas operations.

  • 16 August 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Ocean Power Technologies has signed an agreement with Enel Green Power (EGP), a subsidiary of energy company Enel Group Under the terms of the contract, OPT will evaluate a PB3 PowerBuoy deployment along the coast of Chile through a detailed feasibility study of the PowerBuoy as an offshore autonomous platform hosting oceanographic sensor systems. “This […]