Portugal's wave farm may be sunk

Slow deployment, bankrupt owner, perhaps a wave or two too far. The Portugal offshore wave farm to generate electricity may go the way of the Cray computer and the Edsel automobile. Or hydrogen powered cars.

Back when I first blogged about the Pelamis tech to be used in Portugal it was an optmisitic, first and biggest-of-its-kind idea. Now, with the Aussie owners in bankruptcy the wave farm may be abandoned.

While the Portugal project may be on the rocks, but the Pelamis Company which makes the wave-power harvesting equipment is hoping to find sufficient interest closer to home. Pelamis is Scottish and hopes to begin extrensive installations along the coast of Scotland.