Increase Text Size
Decrease Text Size
Email This Story
Share This Story
Reader Comments (4)
Add to Bookmarks
Printer Friendly Version
Oceanlinx Limited, an Australia-based high-tech company, has formally announced plans to provide electricity to Maui Electric Company from Hawaii's first wave energy project. The project will provide up to 2.7 megawatts (MW) of energy from two to three floating platforms located one-half to three-quarters of a mile to the north of Pauwela Point on the northeast coast of Maui.
"We are very pleased to be a part of Hawaii's move to increase its production of electricity from clean energy sources. The Oceanlinx technology is an ideal fit for Maui, with its excellent wave climate, and we hope to be able to continue working with Hawaii on wave energy projects in the future."
--David Weaver, CEO, Oceanlinx
The project will include three wave platforms and could be operational by the end of 2009. The cost, to be absorbed by Oceanlinx and its investors, is estimated at $20 million. Oceanlinx has signed a Memorandum of Understanding with Renewable Hawaii, Inc., an unregulated subsidiary of Hawaiian Electric Company, for possible passive investment in the project.
“We are very pleased to be a part of Hawaii's move to increase its production of electricity from clean energy sources. The Oceanlinx technology is an ideal fit for Maui, with its excellent wave climate, and we hope to be able to continue working with Hawaii on wave energy projects in the future,” said David Weaver, executive chairman and CEO of Oceanlinx.
Previous Article
Maui no ka oi (Maui is the best) has been the saying for many years. Lahaina, Maui even used to be the capitol in the whaling days. Now we see, for the first time, the implementation of wave energy for commercial purposes in the state of Hawaii. It is a very good sign and provides an example for all the other islands as well as coastline sites accross the world to follow.
adrianakau2aol.com
Add Your Comment
Registered users, please make sure to Sign-In. We and others want to know your ideas and opinions. If you are not yet Registered -- it's quick and easy. Just click below.
Thanks!