The most additions were in the Ocean Group the potential in wave and tidal motion of the oceans gained respect among scientists and engineers. Based in Scotland, Pelamis Wave Power, Ltd. is working six projects in various stages of development. The Pelamis wave technology was proven through a successful deployment of three demonstration machines off the coast of Portugal in 2008. A second generation machine called appropriately Pelamis 2 has since been sold to two utility customers, putting Pelamis on the road to full-scale commercialization.
Another new addition to the wave group is Carnegie Wave Energy Ltd., which has listed its common stock on the Australia exchange under the symbol CWE. Carnegie has sold a license for its CETO wave apparatus to EDF Energies Nouvelles and the two are in a joint venture to deploy a commercial scale CETO unit on the French territory of Reunion Island. Carnegie’s CETO wave machine is unique in the field in its capacity to desalinate seawater, but it is not clear yet whether this feature will enhance marketability.