Commercial Wave Energy Farm Coming to Portugal

Wave power, an oft overlooked form of clean enery has had a major boost with plans for the first major wave farm underway in Portugal. The commercial project, led by OPD and a Portuguese consortium will generate enough power for 1,500 homes. The plan calls for 30 similar farms in the future. At close to $10 Million, it’s a pricey investment for the quantity of energy received – but that price will undoubtedly come down.
(Via Eyeteeth and Worldchanging)

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He was instrumental in the creation of TreeHugger.com, managing the technical side of the publication for 3 years as well as an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.