May 2008
BioPower Systems featured on National Geographic.
The company has been featured in the News on the National Geographic web site. View the video >
BioPower Systems and Hydro Tasmania sign MOU.
BioPower Systems has signed a Memorandum of Understanding (MOU) with Hydro
Tasmania to test and demonstrate its bioWAVE and bioSTREAM ocean power
conversion systems in Tasmania. See media release >
April 2008
BioPower Systems completes $6 million capital raising.
Lend Lease Ventures has cornerstoned a $6 million investment in BioPower
Systems See media release >
February 2008
BioPower Systems announces renewable energy project using wave and tidal power in Australia.
The company has commenced work on a project to install and test the bioWAVE wave power system and the bioSTREAM tidal power system at grid-connected sites in Tasmania, Australia. See media release >
BioPower Systems awarded $5 million Renewable Energy Development Grant.
The grant from the Australian government is in support of a $10.3 million project involving ocean-testing of the bioWAVE and bioSTREAM systems, and commercial product development. See media release >
January 2008
CVC REEF invests $1 million in BioPower Systems.
CVC REEF has added to its earlier investment. The funds are being used to scale-up the bioWAVE and bioSTREAM technologies. See media release >.