U.S Energy Department Announces $112.5 Million to Commercialize Wave Energy Technologies

The U.S. Energy Department on Sep. 23 announced a $112.5 million funding opportunity to advance the commercial viability of wave energy technologies. This marks the department’s largest investment in marine energy. The five-year funding program will cover research and development activities, such as design, manufacture, and testing of wave energy converters. The total tidal energy…...