Vattenfall and ScottishPower Renewables Join Forces for Round Three

Two giants of the renewables industry, Vattenfall and ScottishPower Renewables, have entered into partnership to make joint bids in the third round of offshore wind farm development in the UK. Their common goal is to establish 6,000 MW of installed wind power capacity, corresponding to enough clean green energy to power four million homes by 2020. ScottishPower Renewables, part of the world’s largest wind power operator and developer, Iberdrola... Read more..

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 data gathering and communications systems. This advanced technology program has prospective applications,... Read more..

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 be a 150 kilowatt-rated PB150 PowerBuoy, major portions of which will be fabricated and integrated... Read more..

ScottishPower Selects Ivara EXP Enterprise to Optimize Equipment Performance

Ivara Corporation, the industry leader and innovator in asset performance management solutions, today announced that ScottishPower, a major utility company operating across the United Kingdom, selected Ivara EXP Enterprise asset performance management software to ensure the availability of the company’s generation equipment. The solution will be implemented at ScottishPower’s portfolio of Combined Cycle Gas Turbine (CCGT) and Coal Fired Generation... Read more..