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August 21, 2012

Feds OK permit for wave power in Ore.

  • Ocean Power Technologies says 10 buoys anchored 2 1/2 miles off the Oregon coast will produce enough power for about 1,000 homes.
    Associated Press

    Wave power developers planning a project off the Oregon coast now have the nation's only federal permit to develop a commercial wave power park.

    Ocean Power Technologies Inc., based in Pennington, N.J., said Monday it will deploy the first buoy for testing sometime this year off Reedsport.

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