Ocean Power Technologies Inc.

DOE Reports Confirm United States' Immense Wave and Tidal Energy Resources

By Jeanne Roberts on January 30, 2012

Tags: National Renewable Energy Laboratory, Ocean Power Technologies Inc., Puerto Rico, United States, Air Force Academy, Alaska, Cook Inlet, East Coast, Electric Power Research Institute (EPRI), Georgia Tech, Gulf of Mexico, kilowatt hours, National Oceanographic and Atmospheric Administration (NOAA), National Renewable Energy Laboratory (NREL), Ocean Power Technologies, Pelamis, Puerto Rico, Regional Ocean Modeling System (ROMS), terawatt hours, tidal energy, tidal stream energy, U.S. Air Force (USAF), U.S. Department of Energy (DOE), U.S. marine energy, Virginia Tech Advanced Research Institute (VT-ARI), wave energy, West Coast, Air Force, Alaska, Barack Obama, California, Colorado, east coast, electricity, energy, Florida, Georgia, Gulf of Mexico, Hawaii, Maine, Massachusetts, National Oceanic and Atmospheric Administration, New Hampshire, New Jersey, New York, Oregon, South Carolina, U.S. Department of Energy, Virginia, Virginia Tech, Washington, west coast

Two U.S. Department of Energy (DOE) reports provide back-to-back confirmation that the potential for electricity from coastal wave and tidal stream energy could reach as high as 15 percent of the total of current U.S. electrical demand.

EBOOM CAPITAL: Winners and Losers From Last Week’s Market Downer

By Terry McDonald on November 15, 2010

EnergyBoom’s E•B Biofuel subindex decline of 0.99 percent last week was the best performance among the EnergyBoom clean sector indices. It also beat the leading green ETFs and all broad market indices except the Dax Index of 30 bluechips trading on the Frankfurt Stock Exchange, which slipped 0.24 percent.

EBOOM CAPITAL: Power From the Ocean Has Big Potential, But Only One Pure Play for Investors

By Terry McDonald on October 22, 2010

Energy consulting firm IHS Inc. (NYSE: IHS) issued a report this week saying 1.8 gigawatts (GW) of ocean wave and tidal energy projects are in “the pipeline”. For investors wanting to participate, there is only one publicly traded pure-play company in this business: Ocean Power Technologies, Inc. (NASDAQ: OPTT).

Setting the Standard: U.S. Makes Its Biggest Investment in Hydro Power

By Alison Pruitt on September 10, 2010

The U.S. Department of Energy (DOE) recently announced it will make its largest investment ever – more than $37 Million – to develop marine and hydrokinetic (MHK) technologies.

Ocean Power Technologies Looks to Cash in on Wave Power

By Shannon Roxborough on July 27, 2010

Ocean Power Technologies Inc. (Nasdaq: OPTT), a Pennington, N.J.-based pioneer of wave-energy technology for autonomous power generation and the utility market, has been making moves in the emerging wave energy market.