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DOE awarding up to $12M for projects to advance wave energy

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The US Department of Energy (DOE) announced up to $12 million in new projects to support the development of innovative technologies capable of generating reliable and cost-effective electricity from US water resources. Two projects will test and validate wave energy converter (WEC) prototypes in open water.

Energy 170
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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

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The US Department of Energy (DOE) has selected 27 projects for more than $37 million in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies, which seek to generate renewable electricity from oceans and free-flowing rivers and streams. Resolute Marine Energy, Inc.

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