$20 million wave power plant in Hawaii - Open Knowledge — LiveJournal
Apr. 7th, 2008
03:11 am - $20 million wave power plant in Hawaii
Oceanlinx, an Australian wave energy company, announced plans for a $20 million project to install three floating wave energy converters (WECs), i.e. wave-powered turbine platforms, to supply up to 2.7MW of electricity to the island of Maui, Hawaii. The company has signed a Memorandum of Understanding with Renewable Hawaii, Inc. (RHI), for potential passive investment in a project . RHI is owned by the Hawaiian Electric Company, Inc.
The project could be operational by the end of 2009.