After founding the company in 1961 by their father, Arie and Bert Koedood extended the family business into an established player when it comes to Mitsubishi shipping, offshore, and industrial engines. Over the past four years, OPT has put several PTO systems through both ocean-based and factory accelerated life testing, accumulating more 40 million cycles among them.
OPT has designed the PB3 to minimize operational costs (OPEX) whereby deployment and recovery thereof is simplified, leveraging vessels widely employed in offshore marine operations. This is a great opportunity to prove new technology which will enable us to minimise the environmental impact of our decommissioning programmes, whilst maintaining flexibility to deliver maximum economic recovery from our fields. This is particularly advantageous for applications that have varying power requirements including continuous and larger occasional peaks. "The PB3 PowerBuoy ® continues to validate its durability as a proven marine power asset," said George H. Kirby, President and Chief Executive Officer of …

Ocean Power Technologies (OPT) has launched its newest product, the hybrid PowerBuoy.

We look forward to working together with project partners to support the field trial and subsequent results.”. OPT’s PB3 PowerBuoy^® is a reliable power production and communication platform for remote offshore applications such as autonomous vehicle charging, meteorological and …

By creating an account, you agree to theTerms of Service and acknowledge our Privacy Policy. 28 Engelhard Drive, Suite B Monroe Township, NJ 08831 +1 609 730 0400, 12848 Queensbury Lane Suite 208, Office 119 Houston, Texas 77024, © 2020 Ocean Power Technologies, Inc. | Sitemap | Site Dev: BCG, © 2020 Ocean Power Technologies, Inc. Sitemap | Site Dev: BCG, Designed by Elegant Themes | Powered by WordPress. Historical and current end-of-day data provided by FACTSET. Ocean Power Technologies (OPT) has launched its latest product, the Subsea Battery solution. It's the first time we’ve seen a deployment like this both in the North Sea and for the OGTC.“This transformational approach to offshore power generation has huge potential in, decarbonising our industry and supporting the transition to a low carbon economy. Is there a problem with this press release? Commenting on the project milestone, Graeme Rogerson, Project Manager at the OGTC said: “This is an exciting time both in the development of the project and for the OGTC. Tim Martin, VP Decommissioning at Acteon commented: “This is another great example of Acteon delivering an innovative integrated solution to lower operating costs and enabling new technology to be deployed in the North Sea for the first time.”.
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Maintenance intervals, by design, are every 3 years. Everything you need to know about the market - quick & easy. To date, this PB3 PowerBuoy has produced more than 2.7 MWh since it was deployed. To date, this PB3 PowerBuoy(R) has produced more than 2.7 MWh since it was deployed. To learn more, visit The PB3 supplies power continuously to on-board payloads or equipment located on the seabed while also providing real time data transfer and communication to remote shore facilities. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release. Create one. The PB3 control and management system includes self-monitoring data collection, processing and transmittal to allow pro-active maintenance strategies, thus increasing availability and operational effectiveness. The PB3 can be either towed to site or deployed from a vessel’s deck. Get pre-market outlook, mid-day update and after-market roundup emails in your inbox. Subscriber Agreement & Terms of Use Updated 03/26/2020