| Wave farm to be established off the 
                      west coast of Ireland  The Mayo coastline may be the prime location for a 
                      commercial wave farm owned by the leading wave energy 
                      development company Wavebob Ltd. Yesterday's announcement of the establishment a 
                      full-scale wave farm off the west coast came as Wavebob 
                      Ltd signed a research and development agreement with one 
                      of Europe's largest electricity providers, Vattenfall AB. 
                      The intention of the two companies is to collaborate on 
                      bringing the prototype Wavebob device to readiness for a 
                      wave farm by 2010. The Irish Times reported that the "Mullet peninsula is 
                      expected to be the location for the full-scale wave energy 
                      generator." The press representative for Wavebob could not 
                      confirm the exact location to the Mayo Advertiser but did 
                      not dismiss the area as a potential site, stating "that no 
                      decision has yet been taken." The Wavebob is the first Irish device and one of only a 
                      handful worldwide to have successfully harnessed the 
                      energy of the ocean waves. At full scale, each Wavebob 
                      will be capable of producing in excess of a megawatt; 
                      enough electricity for over 700 homes. Andrew Parish, CEO 
                      of Wavebob Ltd, intends that a full-scale Wavebob will be 
                      in operation by 2010 and that their first wave farm will 
                      be up and running soon after.  According to Mr Parish the announcement is "significant 
                      for Wavebob and provides further recognition of Ireland 
                      being an international centre of excellence in the 
                      development of ocean energy technology." Lars Strömberg, Vattenfall's vice president of research 
                      and development, believes that Ireland's coastline holds 
                      enormous potential for the development of environmentally 
                      friendly wave farms. "Our ambition is to develop a wave 
                      energy farm in Ireland with Irish partners to help in the 
                      development of the ocean energy technology market in 
                      Ireland." Wavebob Ltd, whose headquarters are in Kildare, has 
                      invested over €4 million in research and development over 
                      the past six years and is recognised as one of the world's 
                      leading wave energy companies. WaveEnergyNewsletter
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