Press Release from Ocean Energy
Ocean Energy selected as supplier of first device for €50 million UK offshore marine energy test site.
Ocean Energy Limited, Ireland’s leading wave energy company, has landed a major landmark deal to provide the world’s largest grid connected offshore marine energy test site, Wave Hub in Cornwall, with its first multi-million euro energy device.
Cork-based Ocean Energy expects to deploy its first full-scale device costing €9 million at Wave Hub off the north coast of Cornwall by the end of this year.
Ocean Energy has been testing a quarter scale prototype of its OE Buoy in Galway Bay for three years. The company with its technology partner Dresser-Rand, the largest service provider in the oil and gas industry, was one of a number of companies competing for the opportunity to win the Wave Hub contract. The full-scale unit has the capacity to generate sustainable energy to power up to 1,200 homes. (more…)