OPT deploys new PowerBuoy off Atlantic City

Ocean Power Technologies, Inc. (OPT) has deployed its APB350 A1 PowerBuoy approximately 14 miles northeast of Atlantic City, New Jersey.

The APB350 A1 contains an improved Power Takeoff (PTO) system compared to the APB350 that was deployed in 2011 and then redeployed in 2013.

The APB350 A1 features an advanced PTO design with a focus on reliability, manufacturability, cost and efficiency improvement. It utilizes OPT’s prior generation modular energy storage system (ESS) capable of supplying uninterrupted power to its payloads for up to seven days in calm sea states.

Real-time performance and weather data will be collected and transmitted to OPT’s monitoring and analysis center at its corporate headquarters in Pennington, NJ.

George H. Kirby, President and Chief Executive Officer of OPT, said: “The APB350 A2 PowerBuoy, targeted to be ready for deployment later this fiscal year, is expected to feature an optimized hull geometry for improved wave energy extraction as well as reduced fabrication, transportation and deployment costs and a new high voltage ESS for better efficiency.

“We believe this optimized hull geometry combined with the new ESS will allow greater power capture and more efficient storage in a smaller, lighter buoy. I am very excited about A2’s market prospects and the feedback we are receiving on the APB350 as we remain focused on our strategic pivot to commercialize our autonomous buoys.”

Image: OPT