World’s largest wave energy project underway

UK-based Lockheed Martin and Australia’s Victorian Wave Partners Ltd are to develop the ‘world’s largest’ wave energy project – a significant step toward making ocean energy commercially available.

The PowerBuoy wave generation technology uses a “smart” ocean-going buoy to covert wave energy into low-cost, clean electricity. Photo Ocean Power Technologies, Inc

UK-based Lockheed Martin and Australia’s Victorian Wave Partners Ltd are to develop the ‘world’s largest’ wave energy project – a significant step toward making ocean energy commercially available.