News & Comment
Wave power specialist Ocean Power Technologies won first orders in Spain and elsewhere last year, though losses reached £4.8 million.
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Ocean Power Technologies has become development partner in its first UK venture, to deploy a renewable energy station off the north coast of Cornwall.
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Roger Hewitt, who built up Shanks from a £6 million waste services company into a FTSE 250 giant, plans to repeat the feat through his new endeavour ReEnergy.
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Recommendations
Investors looking for a green energy play bearing inherent risks, yet with the potential for huge rewards, might reinvestigate New Jersey-based Ocean Power Technologies (OPT).
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Sector Articles
Interest in environmental technology has risen exponentially in recent months – spurred on by surging oil prices, extreme global weather and a media assault on public and political perceptions.
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Bid news and fundraisings have continued to dominate activity on Aim, keeping the junior market's renewed optimism going strong. The international flavour of some of the bigger deals has remained, with
New York-based Keryx Biopharameucticals successfully securing $15 million (£8.3 million) among a bounteous crop.
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