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 using multiple PowerBuoys® for homeland security including powering sensor networks over wide areas... Read more..
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..
The United States Department of Energy’s Edward J. Wall, of the DOE’s Geothermal Technology Program Office, will keynote the Geothermal Finance & Investment Summit, November 17-19, 2008 in Palm Springs, CA. Many renewable energy project developers — and investors — are looking to the DOE for a range of issues. Mr. Wall is expected to provide answers and clarity to these market players. Interest in geothermal development... Read more..