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  1. Giant Oyster machine waves in electricity A new approach to harnessing the ocean's power for energy is getting some positive attention. The Oyster, a giant oscillating device developed by Aquamarine Power that uses hydraulic technology to convert wave power into electricity, won the "Innovator of 2009" award from Britain's Renewable Energy Association in June. Then on July 15 the Edinburgh, Scotland-based company was awarded 60 million pounds (over $101 million) by the U.K.'s Department of Energy and Climate Change to further develop its device. Now comes the that the Oyster is set to be installed and working at a test site by this fall, according Aquamarine ... (Read Full Article)

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