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November 10, 2009 · about 17 years ago

Wave farm investment

The Australian subsidiary of Ocean Power Technologies has received A$66.46m (£36.76m) from the Australian government to build a 19MW wave farm off the coast of Victoria. The money is expected to fund the construction of a wave power station capable of supplying energy for around 10,000 homes.

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The Australian subsidiary of Ocean Power Technologies has received A$66.46m (£36.76m) from the Australian government to build a 19MW wave farm off the coast of Victoria. The money is expected to fund the construction of a wave power station capable of supplying energy for around 10,000 homes.

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