OCEAN POWER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Ocean Power Market, By Type (Tidal Barrages, Tidal Stream, Wave Energy, and Others), By Application (Power Generation, Desalination, Water Pumping, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In April 2024, NHPC partnered with the Norwegian firm Ocean Sun to advance floating solar technology in India
In 2023, CorPower Ocean collaborated with AltaSea for the U.S. expansion
In 2022, five tidal stream devices and six wave power devices were deployed, and tidal stream generation surpassed 80 GWh.
In December 2023, Ocean Power Technologies (OPT) won a letter contract with the U.S. government for US$ 6.5 million for its wave-powered buoys to support maritime domain awareness.