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Article: BioPower Systems to Develop Wave Energy Projects With Spain's Elecnor.
- Article from:
- Energy Weekly News
- Article date:
- November 13, 2009
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Australia's ocean energy company, BioPower Systems, announced that it had signed a Memorandum of Understanding (MOU) with the Spanish Global Project Development Company Elecnor SA.
The MOU establishes a process for the two companies to work towards agreements for development of wave energy projects using BioPower's proprietary bioWAVET technology in Elecnor's core business regions; Spain, Portugal and South America.
The bioWAVET system is designed to supply utility-scale grid-connected renewable energy while being out of view, and without affecting marine life. The unique system sways in tune with the forces of the ocean, and naturally streamlines when ...