The three machines which made up the Aguçadoura Wave Park were each rated at a peak output of 750 kW, giving an installed peak capacity of 2.25 MW, enough to meet the average electricity demand of more than 1,500 Portuguese homes.
In the last quarter of 2008, Babcock & Brown had its shares suspended and has been in a managed process of selling its assets, including the Aguçadoura project.
[8] In November 2008, the Pelamis machines were brought back to harbour at Leixões due to a technical problem with some of the bearings for which a solution had been found.
However, the machines are likely to remain off-line until a new partner is found to take over Babcock & Brown’s 77% share in the project.
[4] Pelamis subsequently focused its efforts on the new P2 machine,[9] two of which were tested in Orkney in Scotland beginning in 2010.