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Green business: Ocean Power rides the alternative energy wave

Posted on Monday, March 26, 2007 posted by posted by Ecacofonix @ 1:38 AM

Green business: Ocean Power rides the alternative energy wave

22 March 2007

Lauren MacGillivray, News Reporter

Ocean Power Technologies is to be involved in a scheme to build a power plant on the Cornish coast (UK) by 2008.

The American company uses PowerBuoy® technology to float large buoy-like devices that are loosely tied to the seabed. The buoys capture wave energy through a turbine and send the energy through a cable to the coastline which is then fed into a power grid.

Read the full news report from here @ City Wire

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