Oscilla Power plans to set up a 50 MW grid-connected wave energy project with energy storage

Oscilla Power has been selected for a $1.1 million Small Business Innovation & Research award (Phase II) from the US Department of Energy for the development of a 50 MW grid-connected wave energy project with energy storage. As part of this new project, Oscilla Power will further develop its energy storage concept and investigate the effect of interconnecting the 50 MW farm using its Triton wave energy devices with a power grid. The company will be working with Brayton Energy to develop the energy storage component. Oscilla Power will also be working with experts from the Oregon State University and the Pacific Northwest National Laboratory to understand the array and interconnection aspects for the planned 50 MW wave energy farm.

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