Ocean Power Technologies and Lockheed Martin to Develop Wave-Energy Project in Australia
Pennington NJ (SPX) Jul 17, 2012
Ocean Power Technologies and Lockheed Martin have entered into a teaming
agreement with the goal of developing a 19 megawatt wave-energy project
in Victoria, Australia. This is one of the largest wave-energy projects
announced to date, and leverages a grant from the Commonwealth of
Australia. For the project, Lockheed Martin will assist with the design
of Ocean Power Technologies' (OPT) PowerBuo
Ocean Power Technologies and Lockheed Martin have entered into a teaming
agreement with the goal of developing a 19 megawatt wave-energy project
in Victoria, Australia. This is one of the largest wave-energy projects
announced to date, and leverages a grant from the Commonwealth of
Australia. For the project, Lockheed Martin will assist with the design
of Ocean Power Technologies' (OPT) PowerBuo
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