US Regulations Push Wave-Energy Project to Australia
Australian Renewable Energy Agency has provided a $66.5 million grant to help the company build and deploy a planned wave power station.
PORTLAND, Ore. (AP) — A company that was planning a wave energy installation off the Oregon coast that could have powered 1,000 homes has said it will instead undertake the project in Australia.
More Headlines
- SAKOR TECHNOLOGIES ANNOUNCES DYNAMOMETER LINE FOR TESTING ELECTRIC MOTOR EFFICIENCY TO MEET INTERNATIONAL ENVIRONMENTAL STANDARDS
- New LevelTen Energy and Sage Energy Consulting partnership will help organizations meet renewable energy goals and emissions targets faster and easier
- Accenture and Microsoft Collaborate to Help Accelerate U.K.'s Transition to Net-Zero Carbon Emissions
- Wells Fargo Innovation Incubator Announces Partner Awards to Support Diversity in the Cleantech Ecosystem
- Smart Energy to Hold a Great Potential to Promote an Ecofriendly World
Ocean Power Technologies is suspending the Oregon project because it lacked money to comply with unexpected regulatory requirements, the company said last month in a report to the Securities and Exchange Commission.
The Pennington, N.J., company also said it's surrendering a preliminary permit it received from the government.
Ocean Power had planned to have 10 buoys about 3 miles off Reedsport, Ore., and would use the motion of waves to generate enough electricity for about 1,000 homes.
Now it's focusing on the coast of Australia, where the Australian Renewable Energy Agency has provided a $66.5 million grant to help the company build and deploy a planned wave power station.
View the original article at : http://fuelfix.com/blog/2014/04/30/us-regulations-push-wave-energy-project-to-australia/
Featured Product
SolarEdge Technologies - EV Charging Single Phase Inverter
The SolarEdge PV inverter combines sophisticated digital control technology with efficient power SolarEdge's EV charging single phase inverter offers homeowners the ability to charge electric vehicles up to six times faster than a standard Level 1 charger through an innovative solar boost mode that utilizes grid and PV charging simultaneously. This product is the world's first EV charger with an integrated PV inverter. Reducing the hassle of installing separately a standalone EV charger and a PV inverter, the EV charging inverter eliminates the need for additional wiring, conduit and a breaker installation. By installing an EV charger that is integrated with an inverter, no additional dedicated circuit breaker is needed, saving space and ruling out a potential upgrade to the main distribution panel. Whether you own an EV now or just want to be EV-ready, future-proof your home with SolarEdge.
