We’re pleased with the completion of OPT’s first North Sea winter PB3 PowerBuoy® deployment with Premier Oil. The OPT PB3 PowerBuoy® was deployed in Premier’s Huntington Field in August 2019 to convert wave energy into electricity to power a topside Exclusion Zone...
In March 2020, following more than one year of continuous maintenance-free operation as part of an underwater autonomous vehicle charging pilot project off the coast of Italy in the Adriatic Sea, OPT’s PB3 PowerBuoy® lease was amended to provide for another 18 months...
Ocean Power Technologies PowerBuoy® autonomous solutions offer substantial advantages in many applications, from reliable power and 24/7 data communications to substantially lower personnel risk. Outside of enabling offshore operational functions, a sizeable advantage...
“How can we help?” is a question many are asking as the COVID-19 crisis unfolds, and we asked it of ourselves even as we shifted most of our employees from our Monroe Township, New Jersey, offices to working from home. How could we keep our people and their families...