World's first wave farm! How cool is this? The Portuguese company OPD announced that it will begin the first phase of building the world's first commercial wave farm to harness renewable energy from ocean waves 5 km off Portugal's coast. The company's press release says:

The initial phase will consist of three "Pelamis" P-750 machines located 5km off Portugal's northern coast, near to Povoa de Varzim. The [8-million Euro] project will have an installed capacity of 2.25MW, and is expected to meet the average electricity demand of more than 1,500 Portuguese households whilst displacing more than 6,000 tonnes per year of carbon dioxide emissions from conventional generating plant.

If all goes well, 30 more such generators will be constructed.