Awards/COOPERATIVE AGREEMENT (B)

$141,695,691

Department of Energy·Department of Energy

ACTION DATE2026-02-18·SOURCEUSASPENDING·SOURCE IDASST_NON_DEEE0007899_089

Award description

WAVE ENERGY TEST FACILITY

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high

In plain English

Establish and operate a wave energy testing facility to advance marine renewable energy technology development and commercialization.

Sub-sectors

renewableswave-energyresearch-infrastructure

Why this matters

Wave energy is a nascent renewable resource; this facility supports DOE's clean energy goals and reduces U.S. dependence on fossil fuels.

Supply-chain signal

Investment signals demand for marine energy equipment manufacturers, testing services, and specialized marine engineering suppliers.

U.S.–China competition angle

China is advancing marine renewable energy; U.S. testing infrastructure supports domestic competitiveness in emerging ocean energy markets.

Generated by award_classification v2.0.0 via claude-haiku-4-5-20251001 on 2026-05-15. Cost: $0.002116.

Period of performance

Start

2017-05-01

End

2030-09-30

Status

activein 1597 days

Recipient

Other awards from this recipient

Sources

USAspending.gov — all awards for this UEI →
SAM.gov entity registration →
Award record ingested from usaspending. Source identifier ASST_NON_DEEE0007899_089.

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.