World’s Largest Commercial Ocean Current Energy Project to be Developed Off Florida

On May 29th, the limited liability company OceanBased Perpetual Energy signed a memorandum with the Florida Atlantic University’s Southeast National Marine Renewable Energy Center (SNMREC) to secure their assistance in embarking on what is being called “the world’s largest commercial ocean current energy project.” Off Florida’s southeast coast, this project aims to install hundreds of megawatts of clean current generating equipment below the sea surface and linked to the US transmission system.

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