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Finavera Renewables CEO to Testify Before United States Senate
Finavera Renewables CEO to Testify Before United States Senate.
About this update from Solar Alliance Energy Inc.
[{"type":"text","content":"\n\n\n\nWASHINGTON, June 5 /CNW/ - Finavera Renewables Inc. ('Finavera\nRenewables') (TSX-V: FVR) advises that CEO Jason Bak will be making a\npresentation to the United States Senate Committee on Energy and Natural\nResources. Mr. Bak's testimony before the Committee Hearing on June 7th will\nfocus on regulatory issues related to the ocean energy industry in the United\nStates.\n\n\nWhat: Finavera Renewables CEO to address US Senate Energy and\n Natural Resources Committee\n\nWhen: Thursday, June 7th, 2007, 9:30 am Eastern.\n\nWhere: Room 366 Dirksen Senate Office Building, Washington, DC.\n\nView: The presentation will be streamed online at:\n http://energy.senate.gov/public/\n\n\n\nBak welcomed the invitation to testify, "Now is the time to address key\nregulatory issues surrounding ocean energy in order to fast track the\ndeployment of wave energy technology. We have begun construction of our second\ngeneration AquaBuOY 2.0 wave energy buoy, which we plan to install off the\ncoast of Newport, Oregon this summer. We currently have wave energy parks\nunder development in California, Oregon, and Washington and we are involved in\na number of additional projects worldwide. These are not just paper R&D\nprojects but are planned to be amongst the first stages of phased, commercial\nwave parks in America. We look forward to providing input to the Senate\nCommittee and to developing this industry to its fullest potential."\n\n\nThe testimony before the Senate Committee marks the second time Finavera\nRenewables has appeared before a federal United States committee examining the\nocean energy industry. In April, Mr. Bak outlined the enormous potential of\nwave energy before a United States Congress Joint Subcommittee hearing.\n\n\nOn behalf of the Board of Directors,\n\n\nJason Bak, CEO\n\n\nAbout Finavera Renewables Inc. (www.finavera.com)\n\n\nFinavera Renewables Inc. is dedicated to the development of renewable\nenergy resources and technologies. The Company's objective is to become a\nmajor renewable and green energy producer by developing and operating its\nassets in the wind and wave energy sectors. Finavera Renewables Inc. is\ndeveloping patented 'AquaBuOY' wave energy technology, based on proven and\nsustainable buoy technology. The Company is developing wave energy projects\nfor the deployment of the AquaBuOY t...