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Technology | 2009.12.04

Ocean Power Technologies Selects Oregon Iron Works to Build Commercial Wave Energy Device

CLACKAMAS, Ore.--(BUSINESS WIRE)--Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT" or the "Company") announces that it has selected Oregon Iron Works (“OIW”) of Clackamas to begin construction of its first commercial wave energy PowerBuoy® system in North America, to be installed off the Oregon coast near Reedsport. Oregon Iron Works is an Oregon company with an emerging reputation as an international leader in “green tech&#

 

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