Construction of this first PowerBuoy system represents Phase One of an expected 10-PowerBuoy Reedsport wave power station, the first commercial-scale facility of its type in North America, which will generate approximately 1.5MW. The nine additional PowerBuoys will be constructed and installed under Phase Two of the project.

OPT and OIW estimate that construction of the first PowerBuoy PB150 wave energy device, rated at a capacity of 150kW, will create or sustain approximately 30 jobs over the next nine months.

OPT is currently in the advanced stages of completing its first PB150 in the UK for deployment in the Orkneys, Scotland mid next year. The technology development for this device will also be applied for projects in North America.