Ocean Energy Limited awarded spot at UK's Wave Hub

CORNWALL, United Kingdom 2/16/12 (PennWell) -- Tidal power equipment manufacturer Ocean Energy Limited has been selected to install a generating unit at Ireland's Wave Hub test facility.

Ocean Energy, along with its partner, Dresser-Rand, has been testing a quarter-scale prototype of its OE Buoy in Galway Bay for the past three years, paving the way for the US$11.75 million full-scale unit the company expects to deploy at Wave Hub by the end of the year.

Wave Hub, located off the north coast of Cornwall, is a testing bed for wave energy machines that was created in 2010.

The Wave Hub fund matches some installation costs, including the costs of securing a Marine License and installation of moorings and deployment.

With Ocean Energy's invitation to participate at the site, two of Wave Hub's four berths have been claimed. USA-based Ocean Power Technologies has secured the other.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs