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Ocean Power Technologies Australasia Pty Ltd is a subsidiary of Ocean Power Technologies Inc (OPT), a leading renewable energy company specialising in cost-effective, technologically-advanced and environmentally-friendly offshore wave power technology.

OPT's PowerBuoy® system extracts the natural energy in ocean waves using the integration of patented technologies in hydrodynamics, electronics, energy conversion and computer control systems.

Because energy levels decrease exponentially with increasing depth below the surface, OPT's PowerBuoy is designed to harvest the ocean's energy where it is at its maximum – at the ocean surface. The PowerBuoy is a “smart” system capable of dynamically responding, or tuning itself, to each wave, thus enabling the harvest of maximum energy. In addition, its robust construction can weather the harshest storms.

The result is a leading edge, ocean-tested, proprietary wave power system which generates reliable, clean, and environmentally-beneficial electricity.

Download our current Victorian Wave Power Project Newsletter.

 

 

The OPT Wave Farm Concept


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OPTA MILESTONES


Apr
2014

Ocean Power Technologies Announces Victorian Wave Partners Has Received A$5 Million Initial Grant Funding From Australian Renewable Energy Agency

Feb
2014

Lockheed Martin announces signing of a contract with Victorian Wave Partners Ltd for the development of the world's largest wave energy project announced to date.

Jan
2014

Ocean Power Technologies Announces Funding Agreement With Australian Government for A $66.5 Million Grant

June
2013

Ocean Power Technologies Announces Award of Seabed Survey Contract in Australia

July
2012

Ocean Power Technologies and Lockheed Martin to Develop Wave-Energy Project In Australia

Nov
2009

Ocean Power Technologies Project Wins A$66.5M Award from Australian Federal Government

Nov
2009

Portland Wave Power Project Wins Funding

 

 

 

LATEST NEWS


Jan
2014

Ocean Power Technologies Receives $1.75 Million Through New Jersey’s Technology Business Tax Certificate Transfer Program

Jan
2014

Ocean Power Technologies Announces New Head of Autonomous Power Business Unit

Dec
2013

Ocean Power Technologies Appoints New Chief Financial Officer

Dec
2013

Ocean Power Technologies Announces Results for the Fiscal Second Quarter Ended October 31, 2013

Oct
2013

Ocean Power Technologies Awarded $2.6 Million Contract by Mitsui Engineering & Shipbuilding for Development and Supply of Japan Utility PowerBuoy(R) System

View All News

LINKS


OPT


Victorian Wave Partners

 

MEDIA




Lockheed Martin and OPT plan world’s biggest
wave-energy plant.

View



Read our feature story in the January 2014 issue of The International Resource Journal.
View

Electricity From Ocean Waves

December 6 (The Weather Channel)
The Science Behind examines the process of getting electricity from ocean waves. Watch Video



January 2012 The Age
Victorian Wave Power Project In Murky Water



May 2012 Sea Technology Magazine
Autonomous PowerBuoys Generate Power for Ocean Applications



16 June 2012 Acoustic Ecology Institute
OPT’s PowerBuoy’s Whale Friendly Attributes




29 March 2011 ABC Radio National

Philip Adams Interviews OPT founder, George Taylor



2010 Ferrelectrics
This esteemed Princeton-based international journal dedicates its 400th edition to George Taylor, the founder of OPT.

Sea Technology

OPT's Scottish PowerBuoy on Cover of
April, 2011 Issue of Sea Technology


Sea Technology
Magazine featured OPT's utility-scale PB150 PowerBuoy on the front cover of its April 2011 issue. This is the first time utility-scale PB150 has been on a front cover. Sea Technology's goal is to provide their "global audience with current information on the various segments of the worldwide marine/ocean industry through state-of-the-art and application articles, news columns, and staff reports".

Sea Technology has a monthly print circulation of 17,000 and is read worldwide in more than 110 countries. Sea Technology's digital version will be going online in June. Their website receives an average of 410,000 hits per month.