Tuesday, October 09, 2007

BYM Marine Environment News


BYM Marine Environment News: "Finavera Renewables Inc. ('Finavera Renewables' or 'the Company') (TSX VENTURE:FVR) is pleased to update the status of the deployment of the AquaBuOY 2.0 wave energy converter. The AquaBuOY 2.0 continues to produce hydraulic power off the coast of Newport, Oregon following its deployment in early September. Key positive results from testing thus far include confirmation of the hose pump system's excellent performance, survivability, and the successful overall integration of the hose pump system. The hose pump technology is one of the key components of the AquaBuOY 2.0, and its performance has been improved dramatically over the last 3 years due to the successful joint development program between Dunlop Oil & Marine Ltd and Finavera Renewables. Dunlop O&M Ltd. (a division of Continental AG), is the manufacturer of the AquaBuOY 2.0 hose pump."

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