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Posts Tagged ‘Finavera’

Publisher’s Note:  Feb 09, 2009 – Not only has Finavera surrendered their Makah Bay license noted below, they also announced surrendering the Humboldt County, California Preliminary Permit to explore wave energy:
“Finavera Renewables has filed applications to surrender its Federal Energy Regulatory Commission license for the Makah Bay Wave Energy Pilot Project in Washington and the [...]

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Guardian.co.uk, December 3, 2008
Way back in Napoleonic Paris, a Monsieur Girard had a novel idea about energy: power from the sea. In 1799, Girard obtained a patent for a machine he and his son had designed to mechanically capture the energy in ocean waves. Wave power could be used, they figured, to run pumps and [...]

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MICHELLE MA, Seattle Times, November 17, 2008
What started out as a mad dash to extract energy from the ocean’s waves and tides has slowed to a marathoner’s pace — complete with a few water breaks and sprained ankles along the way.
In the past three years, more than 100 preliminary permits have been issued nationally for [...]

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RenewableEnergyWorld.com, November 10, 2008
Finavera Renewables Inc. has announced that it plans to raise US $1,002,000 through a non-brokered private placement of 20,040,000 units at a price of $0.05 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable at $0.10 for 12 months from [...]

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MATT NAUMAN, San Jose Mercury News, October 27, 2008
The California Public Utilities Commission rejected a Pacific Gas & Electric contract for wave energy, saying the utility was going to pay too much for a technology that’s still largely experimental.
Last December, PG&E said it would be the first utility in the nation to get energy from [...]

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KATE GALBRAITH, The New York Times, September 23, 2008
For years, technological visionaries have painted a seductive vision of using ocean tides and waves to produce power. They foresee large installations off the coast and in tidal estuaries that could provide as much as 10% of the nation’s electricity.
But the technical difficulties of making such systems [...]

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TERRY DILLMAN, Newport News-Times, July 25, 2008
It sank to the bottom in 150 feet of water just one day before its planned retrieval. After nine months of waiting for the right weather and ocean conditions, divers and salvage vessels are currently on site to assist in the rebirth of a 75-foot, 40-ton wave energy buoy.
Developed [...]

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Platts/McGraw-Hill, August 2008
Ocean Power Technologies (OPT) is looking to generate power from Scottish waters as well. Nasdaq-listed OPT reported July 28 that it had signed a berth agreement with the European Marine Energy Center (EMEC) in Orkney, Scotland. OPT can, under the berth agreement, deploy and operate its unit as well as hook [...]

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MendoCoastCurrent, July 27, 2008
Finavera Renewables CEO Jason Bak provides this overview of 2008 activities to date and an outlook for the remainder of the year.
“The first half of 2008 has been an exciting period for Finavera Renewables,” commented CEO Jason Bak. “Our strategy [in] wind projects is to develop an approximate one gigawatt pipeline with [...]

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The Economist, June 5, 2008
You only have to look at waves pounding a beach, inexorably wearing cliffs into rubble and pounding stones into sand, to appreciate the power of the ocean. As soaring oil prices and concern over climate change give added urgency to the search for new, renewable sources of energy, the sea is [...]

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GLOBE-NET NEWS, May 29, 2008
Forever moving – our restless oceans have enough energy to power the world. As long as the Earth turns and the moon keeps its appointed cycle, the oceans will absorb and dissipate vast amounts of kinetic energy – a renewable energy resource of enormous potential. But harnessing this resource has proven [...]

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Press Release from the Washington State Dept. of Ecology, March 15, 2008

OLYMPIA – The Washington Department of Ecology (Ecology) today filed a petition with the U.S. Court of Appeals for the District of Columbia to protect the state’s role in federal licensing procedures for energy projects. The petition asks the court to clarify federal law [...]

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MICHAEL KANELLOS, CNet News, April 24, 2008
MENLO PARK, Calif.–Back and forth, back and forth. That’s the idea behind WaveRoller.
The company, based in Espoo, Finland, says it has devised a way to generate electricity from waves without buoys or other floating devices, the mainstay of other wave power companies.
 
Instead, the company wants to plant oscillating fiberglass/steel [...]

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IMC Brokers, October 23, 2007
Generating Renewable Energy from Ocean Waves
Wave power refers to the energy of ocean surface waves and the capture of that energy to do useful work – including electricity generation, desalination, and the pumping of water (into reservoirs). Wave power is a form of renewable energy. Though often co-mingled, wave power is [...]

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LARRY GREENEMEIER, Scientific American, March 10, 2008
Thirty feet (nine meters) below Manhattan’s East River, next to Roosevelt Island, six turbines—each 16 feet (five meters) in diameter, churning at a peak rate of 32 revolutions per minute—stand at attention on the riverbed. The turbines—which belong to New York City-based Verdant Power, Inc., —are built on a [...]

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Finavera Renewables, Vancouver, Canada, February 15, 2008
Finavera Renewables is pleased to announce it has been issued a Preliminary Permit for its proposed 100MW Humboldt County, California wave energy project. The permit approval was granted by the United States Federal Energy Regulatory Commission (“FERC”).
The preliminary permit is valid for a period of three years, and allows [...]

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Finavera Renewables, February 4, 2008
VANCOUVER, BRITISH COLUMBIA — Finavera Renewables Inc is pleased to announce a non-brokered private placement of 10,000,000 units at a price of $0.20 per unit for gross proceeds of $2,000,000. The units consist of one common share and one-half of a share purchase warrant, with each full warrant exercisable at $0.25 [...]

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ALYSSA MOIR, Marten Law Group, January 30, 2008
The Washington Department of Ecology (Ecology) took the unusual step this month of challenging a decision by the Federal Energy Regulatory Commission (FERC) to issue a license for a wave energy project on the grounds that FERC had approved the project prior to having received certification from the [...]

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December 2007: Compelling documents — Approved FERC Order and official announcements related to Makah Bay wave energy project being undertaken by Finavera. -LKBlog
Thanks for Tom Schlosser at Morisett Schlosser for these docs: Here is the FERC announcement and the statements of commissioners Spitzer and Kelliher.

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MATT NAUMAN, Mercury News, December 18, 2007
UTILITY WILL BUY 2 MEGAWATTS FROM FACILITY BY 2012
PG&E will become the first U.S. utility to agree to buy energy from the ocean when it announces a deal today to get 2 megawatts of power by 2012 from the cold, choppy waters off the Northern California coast.
The deal, with [...]

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MARIANNE LAVELLE, U.S. News & World Report, December 18, 2007
The idea of harnessing energy from ocean waves to produce electricity for U.S. homes and businesses takes a giant leap forward today as the nation’s largest utility, Pacific Gas & Electric, announces the first commercial agreement to purchase power generated with this cutting-edge technology.
PG&E signed the [...]

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RALPH THOMAS, Seattle Times Olympia Bureau, December 21, 2007

OLYMPIA — The waters off Makah Bay near the tip of Washington’s Olympic Peninsula could become home to the world’s first commercial wave-energy project.
The Federal Energy Regulatory Commission (FERC) on Thursday issued its first license for a so-called hydrokinetic energy project to British Columbia-based Finavera Renewables, a [...]

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On December 21, the Finavera Renewables Ocean Energy, Ltd conditionally secured a FERC license for its hydrokinetic power project located 1.9 nautical miles offshore Washington State. The 5-year license to the Makah Bay Offshore Wave Pilot Project is designed “to demonstrate the economic and environmental benefits of wave energy conversion power plants near coastal communities.” [...]

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Finavera had been collecting data before the buoy took on water and bilge pump fails

LORI TOBIAS, The Oregonia, November 1, 2007
NEWPORT — The first wave energy test buoy deployed off the Oregon coast has sunk.
Engineers with the Canadian energy developer Finavera Renewables learned the $2 million buoy plunged to the ocean floor only a [...]

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BRIAN VANITY, insurgent49, September 1, 2006
As any mariner knows, the oceans are packed full of energy. The energy contained in the seas can destroy ships but, if harnessed correctly, can also be used to generate electricity.
There are several types of energy, which can be extracted from the Alaska’s ocean waters, the two most promising being [...]

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