Located off the northern California coast, the Humboldt County offshore wave energy power plant will be developed by Finavera Renewables. The project is expected to begin delivery in 2012.
The power purchase agreement calls for 3,854MWh of clean, renewable electricity to be delivered annually to PG&E over the term of the contract. The utility said that the project will offset greenhouse gas emissions by displacing an estimated 245 tons of CO2 annually.
Fong Wan, vice president of energy procurement for PG&E, said: Harnessing the ocean’s energy on a utility scale is a critical achievement in renewable energy technology and this project represents our first step in that direction.