Oscilla Power, Inc.
Patented, materials-enabled wave energy conversion system w/o moving parts. Will deliver grid-scale power at 5-10 c/kWh w/o subsidies.
Founded in 2009, OPI is developing a low-cost, high-reliability, grid-scale wave energy harvester powered by its IMEC(TM) technology platform. The iMEC platform uses readily available and low-cost magnetostrictive alloys to convert mechanical energy into electricity without moving parts, delivering higher reliability and lower costs than the alternatives. Our initial open water deployments will take place in 2013 in Washington and New Hampshire.