U.S. Department of Energy Invests $112.5M in Wave Energy to Boost Clean Power Innovation
According to the Department of Energy (DOE), the U.S. government announced a $112.5 million investment from the DOE, marking its largest commitment to marine energy. This five-year initiative aims to accelerate the development and testing of wave energy converters (WECs), which harness power from ocean waves. Wave energy, a renewable resource, offers potential for providing…