A US company aims to break into Europe’s wave power industry, despite fierce competition in the marine technology market.

“Wave energy can help because it is one of the few vastly available renewable resources that can act like baseload power. The trick is you have to deliver a device that is survivable [and] maintainable in one of the harshest environments but … can also deliver that competitive cost,” Reenst Leseman, CEO of Columbia Power Technologies, recently said. Keep reading →