The new contracts, with the previously awarded contract to Oregon Iron Works for the fabrication of the buoy’s steel structure, or spar, takes the total invested by OPT in the local economy to over $6m.

After the initial PowerBuoy is deployed and tested, expected later this year, OPT plans to build the first commercial-scale wave power station in the US, consisting of up to nine additional PowerBuoys and grid connection infrastructure, subject to receipt of all necessary regulatory approvals and additional funding.

This wave energy array will be developed by Reedsport OPT Wave Park, and the four Oregon firms receiving the new contracts are American Bridge Manufacturing, Cascade General, Oregon Iron Works and Sause Bros.