Europe Forges ahead with Ocean Wave PowerBy Jen BalboaOcean Power’s PowerBuoy deployed at the United States Marine Corps Base in Kaneohe Bay, Hawaii. Photo from Ocean Power Ocean Power Technologies Inc. will use a grant of 2.2 million euros ($2.9 million) from the European Commission to continue developing a 1.39-megawatt wave energy project off the northern coast of Spain.The grant is part of a …
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