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U.S. Department Of Defense·California

Sources Sought for Commercial Interest in the OE35 Wave Energy Converter

Closes 2/16/2026$500k – $5MRequest for Information
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Description

The Department of the Navy, Naval Facilities Engineering and Expeditionary Warfare Center (NAVFAC EXWC), is conducting market research to identify qualified sources with commercial interest in acquiring the OE35, a 500-kilowatt (kW) wave energy converter (WEC). The device is owned by Ocean Energy USA LLC and is currently moored at the United States Navy’s Wave Energy Test Site (WETS) in Kāne‘ohe Bay, Hawaii. The purpose of this notice is to determine the commercial viability and potential alternative uses/disposition pathways for this asset which has completed its testing program. • The OE35 WEC is a utility-scale device that uses the technologically mature Oscillating Water Column (OWC) concept built into a floating hull. • The device has potential applications in utility power, ocean fuel production, carbon-free applications, and connected ocean missions. • Interested parties are invited to submit a Capabilities Statement of no more than five (5) pages, demonstrating their interest and ability to acquire this device. • The statement should include company information, point of contact, high-level approach, and relevant past performance.

Attached files

Contact

Matthew Duong

[email protected]

(805) 982-4538

Key dates

Opened
1/14/2026
Closes
2/16/2026

Last updated

Details

Type
Request for Information
Industry
Energy and Utilities
NAICS
562910
Solicitation №
N3943026OE35

Budget estimate

$500,000 – $5,000,000

The budget for this opportunity is difficult to estimate, as it is a Sources Sought Notice and not a solicitation for proposals. However, considering the device's potential applications and the fact that it is a 500-kilowatt utility-scale device, the budget could be substantial. The estimated annual production for a single OE35 unit is approximately 775 MWh, which could translate to significant revenue. Factors influencing the likely payment range include the device's maintenance and operation costs, the cost of uninstalling and transporting the device, and the potential revenue generated from its use. A rough estimate could be in the range of $500,000 to $5 million, considering the device's potential and the costs associated with its acquisition and operation.

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