solar thermal power could provide 25 percent of the world's electricity needs if investments increased and the technology was put in place

Before we take a look at Ocean Power Technologies (OPTT), let's take a brief glance at the energy market

U.S.-based investment bank Morgan Stanley has increased its stake in Singapore-based tidal power company Atlantis Resources Corporation, targeting a marine energy sector that covets the global success of wind power

“Never before has Intersolar had more exhibitors, more visitors, more media representatives and more different nations represented”, said Markus Elsässer, Managing Director of Solar Promotion GmbH, one of the two organisers of Intersolar. “Given the difficult economic situation, we are especially pleased that Intersolar 2009 has turned out so successful.…

Li Junfeng, secretary-general with Chinese Renewable Energy Industries Association (CREIA), said the country would have no difficulty to realize 10 GW of installed solar PV power capacity by 2020.China earlier planned to form 300 MW and 1.8 GW of installed solar PV power capacity by 2010 by 2020, respectively, according…

First Quarter 2009 Financial and Operating Highlights — Solar module shipments were 48.8 MW, compared to the Company’ s previous guidance of 50 MW to 55 MW, representing a decrease of 15.3% sequentially and an increase of 65.5% year-over-year — Total net revenues were $132.1 million, a decrease of 38.9%…

“We are extremely satisfied with the line supplied by 3S because we are able to produce a high yield on a very low breakage rate,” explained D.V. Manjunatha, managing director of Emmvee Photovoltaics, which has already ordered the tools necessary to expand its module output to 50 MW.The new crystalline-and…

And create thousands of new jobs and prevent millions of tons of CO2 from being released. CSP uses mirror to focus sunlight on water. The reaction creates steam that turns turbines and generates electricity. Unlike photovoltaic solar panels, CSP only works in places with reliable sunny weather, such as parts…

The “small-scale” trial at the Longannet plant in Scotland will trap gas from 1 megawatt of output, the company said in a statement. The unit of Spanish utility Iberdrola SA aims to extend the coverage from 1 megawatt, which supplies about 1,000 homes, to 330 megawatts by 2014.The U.K. has…

The world’s largest trade show for solar technology, Intersolar, has been an enormous success. The organizers were able to achieve their objectives, with approximately 60,000 visitors from over 150 nations visiting the show. In addition, over 2,000 participants attended the 22 conference events in…