Alstom, SSE Launch World’s Largest Wave Energy Project

Law360, New York (January 17, 2012, 2:13 PM EST) -- French engineering giant Alstom SA and Scottish energy developer SSE Renewables have signed an agreement to begin developing the largest wave energy project in the world off the coast of Scotland, the companies said Tuesday.

The Costa Head joint venture will use wave energy technology developed by AWS Ocean Energy, in which Alstom acquired a 40 percent stake in June. At 200 megawatts, it is the largest wave energy site under development in the world, Alstom said.

The cost of the project was not disclosed, but...
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