Shaun Dakin, Unsplash
US rolls out largest wave power fund in its history to step up the ocean energy game
Zerina Maksumic, Offshore-Energy Energy Solutions
The WPTO is set to allocate funding over the next five years to support wave energy development across three primary areas. This five-year investment is poised to play an important role in speeding up the design, fabrication, and testing of various wave energy converters (WECs) that capture energy from ocean waves.
A total of $16.875 million will back wave device development and open water testing, specifically targeting dispersed use and power-at-sea applications.
Read the full article here.
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