http://www.renewableaccess.com/rea/news/story?id=50311Trials of a unique Irish ocean wave energy converter, the Wavebob, yielded exciting results this week with Wavebob Ltd's announcement that it's prototype device is now producing electricity.
"This is a giant leap forward for renewable energy production in Ireland. As an island in the middle of the energetic Atlantic Ocean, Ireland can be to wave-energy what Saudi Arabia is to oil. The more we exploit this unlimited natural resource, the better it will be, not just for the global environment, but also for the Irish consumers pocket." --Andrew Parish, CEO, Wavebob Ltd.
At full scale, each Wavebob device will be capable of producing in excess of one megawatt (MW) of electricity. With Irish Minister Eamon Ryan TD's strategy of having 500 MW of ocean energy installed by 2020, Wavebob Ltd. is now positioned to contribute significantly to Irish Government targets.
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