Ocean Power Technologies and Leighton Contractors Sign Agreement to Develop Wave Power Stations

Ocean Power Technologies, a subsidiary of Ocean Power Technologies, Inc. announce that it has signed an agreement with Leighton Contractors Pty Ltd to develop wave power projects off the east and south coasts of Australia. This agreement is in line with OPT’s global plan to form alliances with strategic partners in key areas of the world and will... 

American Electric Technologies Announces Strategic Alliance in Brazil

At today’s 2008 International Work Boat Conference, American Electric Technologies Inc., the premium supplier of custom-designed power delivery solutions for the traditional and alternative energy industries, announced it has entered into an alliance agreement with Five Star Services Ltda. of Macae, Brazil and Lifting Services Ltda. of Niteroi,... 

Ocean Power Technologies Wins New $3 Million Contract from US Navy

Ocean Power Technologies, Inc. announce that it has been awarded a new $3 million contract for participation in the second phase of the US Navy’s Deep Water Active Detection Systems (“DWADS”) program, which is designed to utilize sophisticated data gathering and communications systems. This advanced technology program has prospective applications... 

Ocean Power Technologies Launches PowerBuoy for US Navy

Ocean Power Technologies, Inc. announces that it has installed and commissioned one of its autonomous PowerBuoy® systems off the coast of New Jersey under contract from the US Navy in connection with a unique program for ocean data gathering. The Navy’s Deep Water Active Detection System (“DWADS”) program is designed to utilize sophisticated... 

Ocean Power Technologies Wins New $2M Award from US Department of Energy

Ocean Power Technologies, Inc. announces that it has received a US$2.0 million award from the US Department of Energy (DoE), in support of OPT’s wave power project in Reedsport, Oregon. The DoE grant will be used to help fund the fabrication, assembly and factory testing of the first PowerBuoy® to be installed at the Reedsport site. This system will... 

William Blair & Company Publishes Two Reports on the Energy Industry

William Blair & Company, L.L.C. announced the publication of two comprehensive reports on the energy industry—one covering alternative power generation, titled “Next-Generation Energy Technology,” and the other focusing on replacement fuels and alternative transportation, titled “Alternative Energy in the Transportation Sector: Fossil Fuels... 

Carbon Sciences’ CEO Invited to Speak at Cambridge University

Carbon Sciences Inc., the developer of a breakthrough technology to transform harmful carbon dioxide (CO2) into high value, earth-friendly products, announced today that Derek McLeish, the company’s CEO will speak at the First International Summit on Policy, Technology and Investment: Entrepreneurship for a Zero Carbon Society on September 24...