OPT Installs PowerBuoy Off Hawaii Coast

Ocean Power Technologies, Inc. has installed one of its PowerBuoy wave power generation units (earlier post) near Kaneohe Bay on the island of Oahu, Hawaii. This is the third PowerBuoy to be deployed by OPT over the past two months at sites in both the Atlantic and Pacific Oceans.

OPT PowerBuoy

OPT PowerBuoy

The Oahu PowerBuoy was launched under the Company’s ongoing program with the US Navy for installation of PowerBuoys off Marine Corps Base Hawaii at Kaneohe Bay and will be connected to the Oahu power grid. Further, the US Navy has added $300,000 in funding for this program to provide for extended operation of the PowerBuoy system.

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