Monday, April 7th, 2008...3:11 am

$20 million wave power plant in Hawaii

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Plans Announced for a 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.

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