Giant wave energy converter arises in Portland shipyard (photos)

bizjournals - 05-21


Vigor is wrapping up construction at its Swan Island shipyard of a giant wave energy converter, built for the Irish company Ocean Energy. Compared to Vigor's nearly $1 billion contract to lead work on a next-generation U.S. Army landing craft, the $6.5 million OE Buoy project was pretty modest in scale, despite the device's 850-ton mass.