OPT to go ahead with wave buoy shipment to Japan

PB3 PowerBuoy off the coast of New Jersey (Photo: OPT)

Ocean Power Technologies (OPT) has completed the stage gate review of its PB3 PowerBuoy ahead of shipment to Japan.

The completion of the pre-requisite stage gate review has cleared the way for OPT to deliver the PB3 wave energy device to Mitsui Engineering and Shipbuilding (MES), under a $975,000 lease contract the companies signed back in June.

The buoy is expected to be deployed for six months off Kozu island, Japan, starting from March 2017, according to OPT.

The US-based wave energy developer, OPT, also informed it has validated the operational performance for two PB3 PowerBuoys, currently deployed off the New Jersey coast.

The company has also made progress on the power take-off (PTO) accelerated life testing, achieving over 48 million cumulative strokes.

The two deployed PowerBuoys will undergo their planned recoveries in the coming months, weather permitting, after which they will be inspected and prepared for future deployments, including the lease for MES, OPT said.

Share this article

Follow Tidal Energy Today

Events>

<< Jan 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Waterpower Week 2018

This 3-day jam packed event provides you the opportunity to network, learn about legislative and regulatory initiatives, and discuss…

read more >

World Future Energy Summit 2018

The conference offers a combination of in-depth breakfast briefings, panel discussions and expert talks, with senior-level members…

read more >

Marine Moorings Masterclass – STORM project

Funded by Innovate UK, the STORM (Specialised Thimbles for Offshore Renewable Marine energy) project is aiming to design a new multi-material…

read more >

RenewableUK Wave & Tidal 2018

The event will bring together leading developers, OEM’s, financial and innovation funding experts, technical and safety professionals…

read more >