Wave and Tidal Energy Market Size Projected to Surge $5.1 Billion Growth by 2033, Exhibit a CAGR of 12.5% [Yahoo! Finance]
Ocean Power Technologies, Inc. (OPTT)
US:NASDAQ Investor Relations:
oceanpowertechnologies.gcs-web.com/node/5806
Company Research
Source: Yahoo! Finance
North America emerged as the largest global wave and tidal energy market, with a 39% market revenue share in 2023. Newark, April 18, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 1.6 billion wave and tidal energy market will reach USD 5.1 billion by 2033. Wave energy is captured from ocean surface waves and used to pump water into reservoirs, generate electricity, and desalinate. Since they produce the most concentrated form of renewable energy, wave and tidal energies are the most promising green technologies. An endless supply of renewable energy can be found in the oceans. Thus, the most sustainable energy source is anticipated to be generated using wave and tidal energy from the ocean's surface. These are the environmentally friendly ways to generate electricity by using the energy of the oceans. These renewable energy sources are commonly used by nations worldwide because they offer a reliable and consistent clean energy supply. Growing reliance on electri
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News
- Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ Contract [Yahoo! Finance]Yahoo! Finance
- Ocean Power Technologies Awarded Multi-Year NOAA ProTech Oceans IDIQ ContractGlobeNewswire
- Ocean Power Technologies Unveils Versatile New Generation of Buoy Systems [Yahoo! Finance]Yahoo! Finance
- Paragon Calls on Ocean Power to Cease Any and All Future Equity Raises That Dilute Existing Stockholders to Fund OPT's Losses and Executive Compensation [Yahoo! Finance]Yahoo! Finance
- Paragon Calls on Ocean Power to Cease Any and All Future Equity Raises That Dilute Existing Stockholders to Fund OPT's Losses and Executive CompensationAccesswire
OPTT
Sec Filings
- 4/26/24 - Form 8-K
- 4/22/24 - Form DFAN14A
- 4/17/24 - Form SC
- OPTT's page on the SEC website