After failing to deliver in Australia and now in the United States, you would have to wonder where OPT will go from here?
"On the gloomy side, New Jersey-based Ocean Power Technologies decided to stop its efforts to build a wave project in Oregon. A news report says that after receiving monies from the federal government and a coalition of utilities, the deal continued to suffer financial losses."
On the plus side, the US is still interested in wave energy. It appears they want to create something similar to WaveHub in Oregon. The United States trails Europe in wave technology, a successful Ceto 6 might have a walk up start to the lucrative US market?
https://www.environmentalleader.com...e-moving-forward-but-still-have-a-ways-to-go/
Add to My Watchlist
What is My Watchlist?