Floating Power generates wave energy


Floating Power Inc. is a new company joining the wind and water energy industry in Oregon.

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Floating Power Inc. is a new company joining the wind and water energy industry in Oregon.

 

Floating Power Inc. is a joint venture between Lake Oswego-based boutique merchant bank BridgeWorks Capital and Floating Power Plant Inc., a Danish company that spent the last 12 years developing and testing the power-generating platform called “Poseidon.”

“I think we have the opportunity to have a significant impact as wave joins solar, wind and biomass as a key part of the solution for renewable energy globally,” said Mark Waller, president of BridgeWorks Capital.

Read more from Sustainable Business Oregon.

Read about Oregon’s wave energy industry in Oregon Business.

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