“By having it around a metre below the sea surface, we give up on harnessing the highest level of energy in the ocean, but our equipment is also safe from storms ... when a massive storm comes, we can pull it to three metres below the surface.”
I don't believe I have heard them actually say before that they could submerge the buoys on demand.
The firm has over 100 patents, of which around 35 have been awarded and some 65 are pending, Ottaviano said.
I wonder if the pending patents are all to do with ceto, or do they have some more surprises hidden away?
CCE Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
