Oceanlinx is awarded funding of $3,970,450 from the Emerging Renewables Program by the Australian Government for a $7,242,550 project, “Oceanlinx 1MW Commercial Wave Energy Demonstrator”.
January 2011: Latest version of the airWAVE turbine
MK3PC is the first in Australia of this size to be connected to the electrical grid and producing energy.
Results from the MK3PC exceeded expectations in regard to performance. Independent electrical generation data supplied by the power off-taker, Integral Energy, has validated the 2.5 MW rated design of the full scale device. The unit was operated with both the Oceanlinx proprietary turbine and a third party turbine, and produced consistent grid-quality electricity that was supplied to local Integral customers in the Illawarra region.
Certification authority Det Norske Veritas (DNV) has independently verified the power output of Oceanlinx’s blueWAVE OWC. This is a powerful third party validation of Oceanlinx’s rigorous quality control and of the blueWAVE capability to produce an electrical output of 2.5 MW.
June 2009: Mk1 achieves the milestone ( Picture: Google Maps)
The Energetech technology is named by the International Academy of Science as one of the ten most outstanding technologies in the world.
Energetech acknowledged by International Academy of Science
£6.0 million fundraising with institutional investors
The company changes its name to Oceanlinx
Oceanlinx secures fourth berth at the Cornwall Wave Hub
Chief Technology Officer, Tom Denniss, received the Ocean Energy Pioneer: Technology Award at the Energy Ocean event.
£5.9 million investment from institutional and venture capital investors.
December 2006: Complete installation of Port Kembla Wave Energy Plant
Energetech is awarded a A$1.21 million research & development grant by the Australian Federal Government, facilitating its Wave Energy Optimisation program.
The first full-scale Denniss-Auld turbine is successfully constructed and tested.
Energetech America receives grant funding of US$500,000 from two state renewable funds for the development and construction of a wave energy project in Rhode Island, USA.
Energetech receives a A$750,000 Federal Government grant to develop the Port Kembla project.
Oceanlinx is founded by Dr. Tom Denniss (as Energetech Australia Pty Limited).
Oceanlinx hold an information session on the South Australia project for potential contractors, fishermen and the community.
Oceanlinx are invited to represent the wave energy sector to HRH Prince Charles as part of his Diamond Jubilee tour in Australia.
Oceanlinx win the Energy and Minerals category at The Australian Innovation Challenge 2012.
July 2012: Ali Baghaei and Hon Martin Ferguson AM MP
Oceanlinx reveals the latest version of its proprietary turbine – the airWAVE turbine.
Oceanlinx and AMC are awarded Australian Research Council Grant.
Independent US-based company Emerging Energy Research, has again confirmed Oceanlinx as a leader in the sector.
Detailed testing of the latest Oceanlinx technology development has confirmed the exciting potential of the company’s greenWAVE unit.
Oceanlinx has developed and refined its technology over the past 14 years to such a point that it is now commercially competitive with other forms of renewable energy, such as on-shore wind.
Oceanlinx’s CEO, Ali Baghaei, and founder, Dr Tom Denniss had the opportunity to meet with the Prime Minister, Julia Gillard and other Ministers at a forum.
March 2010: MK3PC Device, Port Kembla
Ali Baghaei joins Oceanlinx as Chief Executive Officer
Oceanlinx successfully completed a round of tank testing confirming the significant improvements achieved by the latest design of the Oceanlinx technology. The design is well underway and will be deployed by Oceanlinx in its demonstration projects in Australia and Overseas.
The Oceanlinx Mk1 Full Scale demonstration plant achieved the milestone of 500 operational hours since its refurbishment early in the year.
Oceanlinx secures A$16m new investment funding from an investor syndicate comprising the New Energy Fund, Espírito Santo Ventures and Emerald Technology Ventures.
Oceanlinx named by the United Nations Industrial Development Organisation (UNIDO) as one of the Top Ten Renewable Energy Investment Opportunities in the World.
April 2007: The company changes its name to Oceanlinx.
Energetech completes a permanent installation of its Port Kembla Wave Energy Plant.
Energetech launches its Industry Advisory Service division
The Centre for Energy and Greenhouse Technologies invests A$500,000
Three European investment groups specialising in innovative energy technology, led by Sustainable Asset Management, invest US$3.75 million, and German based RWE Dynamics invests US$750,000
Energetech closes a round of venture capital funding with the Connecticut Innovations Incorporated in the USA, enabling the establishment of a US subsidary, Energetech America.