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The Proteanwhite-TM Wave Technology design comprises a small, durable ocean buoy that is tethered to a weight on the ocean floor. The system concept design utilises a group of buoys, connected and packed closely together to form an array.
The buoys are designed to efficiently convert all six degrees of wave motion into a usable form of energy. The technology design allows for production of water and electricity either on-shore or offshore depending on the location of each wave farm.
|ASX Listing Code (if applicable):||POW|
|Year of Commencement:|
LEVEL 3, 228 ST GEORGES TERRACE
|Twitter:||Tweets by @ProteanWave_SHE|
|Current Period Rank:|
|WA Annual Rank 2016:||60|
Appointed David Wheeler as non-executive director
Protean Energy granted an ASX trading halt
NOTE: Company News, Milestones and Funding are as collected by Techboard as part of our Monthly Startup Ranking
|Type of capital raise:|
|ESIC Status:||Eligibility unknown|