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OPT widens losses as PowerBuoy gears up for customers

US-based ocean energy solutions provider Ocean Power Technologies (OPT) has recorded 50% increase in net loss for ...

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OPT finds battery supplier for subsea storage solutions

US-based ocean energy developer Ocean Power Technologies (OPT) has signed a letter of intent to enter into ...

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OPT expands industry reach with new products

Ocean energy solutions provider Ocean Power Technologies has expanded its suite of products to include subsea ...

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OPT adds new board director

US-based wave energy company Ocean Power Technologies (OPT) has elected Kristine Moore as the newest member of its ...

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American wave-powered buoy reaches the Adriatic

US-based Ocean Power Technologies (OPT) has shipped its PB3 PowerBuoy to Italy for the upcoming deployment for oil ...

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Enel primes OPT’s PowerBuoy for Chilean waves

Ocean Power Technologies (OPT) has signed an agreement with Enel Green Power to evaluate the deployment methods of ...

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OPT forms $10M common stock purchase partnership

American wave energy company Ocean Power Technologies (OPT) has entered into $10 million common stock purchase ...

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Red colors OPT’s year-end financials

Wave energy developer based in the USA - Ocean Power Technologies (OPT) – has reported 7% higher net loss for the ...

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OPT and Premier Oil ink deal for lead-in PowerBuoy o&g lease

Ocean Power Technologies (OPT) has signed a contract with Premier Oil to supply its wave-harnessing PowerBuoy for ...

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OPT grabs US wave energy patent

Ocean Power Technologies (OPT) has received a new US patent for a method of controlling wave power generation ...

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Grid simulator buoy for WaveSub device all set

Marine Power Systems (MPS) has completed the assembly and commissioning of its PowerBuoy - a grid simulator ...

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WaveSub links with grid-simulation buoy

Marine Power Systems (MPS) has completed pre-deployment testing of WaveSub’s PowerBuoy ahead of deployment at FaBTest.

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OPT calls attention to anchorless PowerBuoy

Ocean Power Technologies (OPT) will be discussing its anchorless PowerBuoy solution at the Navy Forum next week in ...

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OPT, Premier Oil to probe wave technology for decom ops

Ocean Power Technologies (OPT) has signed an agreement with oil and gas company Premier Oil to study the ...

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OPT secures over $7M wave cash

Ocean Power Technologies (OPT) has closed public common stock share sale raising a multi-million funding prize.

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American wave targets $8M stock prize

Ocean Power Technologies (OPT) has launched a public common stock share sale to gather funds for further wave ...

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Video: OPT shows off its PowerBuoy wave tech

Ocean Power Technologies (OPT) has released a video explaining the working principles behind its PowerBuoy wave ...

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OPT’s PowerBuoy takes on Japanese waves

Ocean Power Technologies (OPT) informed that a PB3 PowerBuoy was deployed off the coast of Kozu-shima Island in ...

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OPT rebrands its PowerBuoy® systems

Ocean Power Technologies, Inc. (OPT) is rebranding its PowerBuoy systems.  Mike M. Mekhiche, OPT’s Vice ...

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OPT to lease PowerBuoy to Mitsui

Ocean Power Technologies (OPT) has entered into a letter of intent with Mitsui Engineering and Shipbuilding (MES) ...

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OPT: PowerBuoy floats towards commercialization

Ocean Power Technologies (OPT) has announced its PowerBuoy APB350 A1 exceeded 125 days of deployment, and surpassed ...

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