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Home News Article

Tag: Ocean Energy

Department of Energy grants $7.4 million funding to develop ocean energy systems

August 6, 2015 August 6, 2015

On Thursday, the US Energy Department announced $7.4 million in funding to four companies developing wave and tidal energy systems.  This sort of technology uses objects placed in the ocean to capture energy from wave motion or the ebb-and-flow of tides, converting that energy to electricity.   According to the Energy…

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Energy Department investing $16 million in ocean energy research projects

August 29, 2013 January 2, 2017

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