Search results for: Victorian

146 results

A list of search results

  • 29 July 2014

    Cohen Milstein Sellers & Toll PLLC is expanding an ongoing investigation to determine whether Ocean Power Technologies, Inc. and certain of its officers and directors made false and misleading statements and/or omissions in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The investigation originally involved purchases of Ocean Power through […]

  • 2 June 2017
    Authorities, Business & Finance, Environment, R&D, Wind Farm Update

    The government of Australia’s state of Victoria has welcomed plans for the establishment of the country’s first offshore wind farm in Gippsland.

  • 18 June 2014
    Business & Finance

    Glancy Binkow & Goldberg LLP, representing investors of Ocean Power Technologies, Inc., has filed a class action lawsuit in the United States District Court for the District of New Jersey on behalf of a class comprising all purchasers of Ocean Power Technologies securities between January 14, 2014 and June 9, 2014, inclusive. Ocean Power Technologies […]

  • 25 June 2013

    Ocean Power Technologies, Inc. (“OPT” or “the Company”), a leading wave energy technology company, today announced that Victorian Wave Partners Pty Ltd. (“VWP”) has engaged Victorian company Professional Diving Services (“PDS”) to conduct a detailed seabed survey for the location of VWP’s proposed 62.5MW peak rating wave power station. The wave power station is planned […]

  • 16 July 2012
    Authorities, Business & Finance

    The Federal Minister for Resources and Energy, Martin Ferguson AM MP, announced a $5.6 million grant for BioPower Systems’ $15 million bioWAVE Pilot Demonstration Project off the coast of Victoria. These funds add to the $5 million recently awarded to the project by the Victorian Government, confirming all funds required to complete the project are now […]

  • 15 July 2014
    Business & Finance

    USA company, Ocean Power Technologies (OPT), announced it is terminating its plans to develop a wave energy project in Australia, writes Bloomberg. OPT, a developer of wave energy generators, stated that the project off the coast of Victoria near the city of Portland, developed by its unit Victorian Wave Partners (VWP) is not “commercially viable.” […]

  • 19 March 2020
    Contracts & Tenders, Grid Connection

    WSP in Australia has secured a contract to help design the onshore transmission network and grid connection of the Star of the South offshore wind farm. WSP will be supporting the power system studies, system integration and Front End Engineering Design of the onshore transmission assets for what is Australia’s first offshore wind project. The […]

  • 15 November 2012

    Australian wave and tidal energy developer, BioPower Systems, has completed the designs for its bioWAVE Pilot Demonstration Project off the coast of Victoria and will begin contracting for the project over the next few months. Local businesses and people will be contracted as much as possible, Tim Finnigan from BioPower Systems is cited by the ABC […]

  • 25 October 2017
    Wind Farm Update

    Offshore Energy Pty Ltd (OEPL) has requested a permit from the Australian Government to conduct a feasibility study for a proposed offshore wind farm off the coast of south-eastern Victoria, which would have up to 250 turbines and a capacity of at least 2GW.

  • 29 June 2015

    Ocean energy company, BioPower Systems (BPS), has completed the construction and onshore testing of a 250kW bioWAVE pilot demonstration unit.  The project is supported by an CAD 11 million grant from the Australian Renewable Energy Agency (ARENA), a CAD 5 million grant from the Victorian Government and CAD 5 million equity from BPS. The structure is scheduled for […]

  • 10 November 2015

    BioPower Systems has completed the final preparation of the bioWAVE wave energy device. The unit is ready for installation offshore Victoria, Australia. It will be loaded onto the transport vessel, and moved to the deployment site near Port Fairy, the company wrote in a statement. The deployment is scheduled to occur in early December. The […]

  • 2 April 2014
    Business & Finance

    Victorian Wave Partners Pty. Ltd. (“VWP”), received approximately A$5.0 million in initial grant funding from the Australian Renewable Energy Agency (“ARENA”). VWP is a project-specific entity wholly-owned by Ocean Power Technologies (Australasia) Pty. Ltd. (OPTA), which is 88% owned by OPT.  The funding received represents the first payment under the A$66.5 million grant that was […]

  • 12 February 2014
    Business & Finance, Technology

    Lockheed Martin announced yesterday that it has signed a contract with Victorian Wave Partners Ltd. for the development of a 62.5MW peak power wave energy project off the coast of Victoria, Australia. The project will feature the PowerBuoy® wave energy converter technology developed by Ocean Power Technologies (OPT). The project is scheduled to be built […]

  • 1 December 2011
    Authorities, Business & Finance

    Ocean energy company, BioPower Systems (BPS), today announced that the Victorian Minister for Energy and Resources, the Hon. Michael O’Brien MP, has awarded the company conditional funding support of $5 million under the Sustainable Energy Pilot Demonstration Program. The funding will be applied towards the $14 million pilot demonstration of the company’s 250kW bioWAVE ocean […]

  • 9 December 2011

    NOF Energy, the UK business development organisation for oil, gas, nuclear and offshore renewables sectors, has celebrated the stars of the industry at its Annual Awards and Dinner. Hosted by TV presenter, Wendy Gibson, the event at the Hardwick Hall Hotel in Sedgefield, County Durham showcased some of the energy sectors’ success stories and rewarded […]

  • 21 November 2019
    R&D, Wind Farm Update

    Site investigations have commenced on the Star of the South offshore wind project in Australia. Two floating LiDARs and a wave buoy were deployed this week to collect data on the wind profile and conditions in the Bass Strait for what is to be Australia’s first offshore wind farm. The wind and wave monitoring equipment […]

  • 27 June 2012

    RWE npower, the company that is building 576 MW Gwynt y Môr wind farm offshore North Wales, 13 kilometers off the coast in Liverpool Bay, is making GBP 690,000 available for two tourism boosting project in this area, ITV reports. The money will be used to make major improvements to the Victorian pier at Llandudno, […]

  • 7 October 2013

    Wave energy developer Carnegie Wave Energy Limited (CWE) announces that the manufacture of the pile foundations for the Perth Project is complete. Victorian-based energy and resources sector supplier, Keppel Prince Engineering Ltd (Keppel), who were awarded the contract to supply and fabricate the materials for the structural pile foundations in July 2013, have now completed […]

  • 15 October 2012

    Ocean energy company, BioPower Systems, has announced that it has formed a strategic alliance with the major Chinese industrial group, Shanghai Electric Power Generation Group. The alliance between the two companies is aimed at collaborating on technical developments to advance the bioWAVE ocean wave energy system to the commercial stage. Speaking at the All-Energy conference […]

  • 11 June 2014
    Business & Finance

    Ocean Power Technologies, Inc. (OPT)  has terminated Charles F. Dunleavy as Chief Executive Officer and as an employee of the Company, effective June 9, 2014. Mr.Dunleavy has also been removed from his position as Chairman of the Board of Directors. David L. Keller, who has served as a Non-Executive Director of the company since October […]

  • 14 January 2014
    Authorities, Business & Finance, Technology

    Ocean Power Technologies, Inc. (OPT), today announced that Victorian Wave Partners Pty Ltd (VWP), its project-specific operating entity wholly-owned by Ocean Power Technologies, Australasia (OPTA), has signed an agreement with the Australian Renewable Energy Agency (ARENA). This agreement is a Deed of Variation to the original Funding Deed through which a A$66.5 million grant was […]

  • 17 September 2014
    Business & Finance, R&D

    Ocean energy company, BioPower Systems (BPS), and global engineering services provider, WorleyParsons, have jointly announced that the two companies have completed the final engineering and design for a 250kW grid-connected wave energy project in Victoria, Australia. The project is being funded by the Australian Government, through the Australian Renewable Energy Agency (ARENA), the Victorian Government, […]

  • 12 July 2012

    Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, and Lockheed Martin have entered into a teaming agreement with the goal of developing a 19 megawatt wave-energy project in Portland, in the state of Victoria, Australia. This is one of the largest wave-energy projects announced to date, and leverages a grant from the […]

  • 23 October 2012

    Mabey Bridge has completed a unique hat-trick of awards after being crowned Manufacturer of the Year by Insider magazine at its Made in Wales awards ceremony hosted by the BBC’s Huw Edwards. The Wales-based bridge-building and wind turbine manufacturer employs 600 people in the UK with a turnover exceeding £80m per annum. The company is […]

  • 29 July 2011

    From his office in a converted Victorian schoolhouse, Neil Kermode can see little more than centuries-old stone buildings and narrow streets better suited to horse carts than Land Rovers. Yet Kermode, head of the European Marine Energy Centre in Scotland’s Orkney Islands, will tell you he can also see the future. Orkney, a collection of […]

  • 30 July 2014
    Business & Finance

    Ocean Power Technologies, Inc. released its financial results for its Fiscal 2014 fourth quarter and full-year ended April 30, 2014 (“fiscal 2014”). David L. Keller, Interim Chief Executive Officer of OPT, stated: “Over the last several months, we announced the termination of both the Reedsport, Oregon and Victoria Wave Partners projects. Additionally, we are deferring our […]