Ocean Power Technologies announces deployment of PB3 Buoy in Japan

Ocean Power Technologies (OCT) announced that it has deployed its PB3 Power Buoy at Kozu-shima coast in Japan as part of  its first lease agreement with Misui Engineering Shipbuilding (MES).

The deployment of the PB3 and its moorings was completed by a joint team of Penta-Ocean Construction and MES. OPT supported MES with the mooring system specifically for the harsh ocean conditions of Kozu-shima Island. The lease agreement is of 6-month deployment with the possibility of extension.

OPT’s PB3 is a reliable and persistent integrated power and communication platform for remote offshore applications, subsea production operations for oil and gas, and subsea drone docking stations used in the defence and oil and gas markets. Customers can oftentimes lower operational costs by replacing expensive on-site vessels with a PB3 PowerBuoy, allowing for remote offshore subsea monitoring and control from land-based operations.

OPT President and CEo, George H. Kirby said that this is an exciting time for OPT as they initiate this lease and deploy the PB3 in Japanese waters for the first time. The deployment went well and the PB3 has already exceeded two thousand Watts of peak power. They are looking forward to leveraging this opportunity to bring our PowerBuoys to Japan and other parts of East Asia.

Manager of the Renewable Energy Project Group of MES, Mr. Toshihiko Maemura said that they are pleased to see the excellent progress of this project. Their collaboration with OPT has been exemplary and they are excited to see the PB3 operating well in Japanese waters.  They are looking forward to a successful ocean demonstration in order to confirm effect of our resonance control and durability of our mooring system.

Image: Ocean Power Technologies