¥70m for wave energy technology in Japan

A US wave energy technology firm has received a ¥70 million (£547,000) contract towards using its technology in Japanese sea conditions. Under the agreement with Mitsui Engineering & Shipbuilding (MES), Ocean Power Technologies (OPT) will use its ‘PowerBuoy’ technology, which is a wave generation system that uses a “smart” floating device to capture and convert […]