C·Power was selected for a Phase I Small Business Innovation Research (SBIR) grant by the Water Power Technologies Office (WPTO) as part of its $4.4 million award announcement.
The project — Wave Energy Power Generation System for Hybrid Oil and Gas Drill Rigs — will explore opportunities for wave energy to offset the carbon cost of conventional offshore energy sourcing. C·Power will deliver a preliminary wave energy conversion prototype — RigRAY — to validate a commercially viable path to providing renewable power to remote offshore oil and gas platforms. The ultimate goal is to partially or completely replace on-board, carbon-based power systems used for powering offshore operations in the Blue Economy. More information regarding the award can be found here.