Lockheed Martin and OPT team up on Australian 19 MW wave energy project

Lockheed Martin has teamed up with Ocean Power Technologies (OPT) to develop one of the world’s largest wave energy generation projects. The 19-megawatt project to be located off the southern coast of Australia in Portland, Victoria, will be built around OPT’s PowerBuoy technology that has previously been trialed by the U.S. Navy off the coast of New Jersey for powering remote sea-based radar and communications systems.

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