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Victorian wave energy project kicks off with $65.5 million

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http://www.itwire.com – Featured | Written by: Peter Dinham | Published in: EnergyUnited States wave energy technology company, Ocean Power Technologies, and Lockheed Martin have entered into a teaming agreement to develop a 19 megawatt wave-energy project in Victoria backed by partial funding of $65.5 million from the federal government’s Department of Resources, Energy and Tourism. (IT news)