Ocean Power Technologies (OPT) has teamed up with a Japanese consortium to develop a demonstration wave power plant in Japan.
The consortium includes Idemitsu Kosan, Mitsui Engineering & Shipbuilding, and Japan Wind Development.
The proposed wave power plant will adopt OPT's PowerBuoy technology that utilises a 'smart', ocean-going buoy to capture and transform wave energy into clean, economical electricity.
In the initial phase of the project, OPT and the consortium will collaborate with the Japanese government to increase focus on wave power.
The demonstration plant would provide the base for an upcoming commercial-scale OPT wave power plant with a 10MW or more capacity that can power up to 3,000 houses in Japan.
Suitable sites for OPT wave power stations will be identified and evaluated for their commercial prospects in the first phase.