Atmocean

Atmocean is the low-cost leader in ocean wave energy. With CAPEX of $1 million per megawatt of capacity, and high availability,/capacity factor, their cost of electricity is projected at about 4.5 cents per kWh - economic without subsidies! They plan on installing their first commercial wave energy system in Peru next Spring 2015. This unit will also support reverse-osmosis desalination and an ice plant to trigger economic development in the region. Their Peru partner is Tecnolog S.A., producer of boilers and other energy devices since 1946.