UPDATE: On Tuesday, August 14, 2012, the ocean electric generating turbine was successfully lowered into the Bay of Fundy, just off of Eastport, Maine. Costing $21 million, and benefitting from $10 million in U.S. Dept. Of Energy subsidy, Ocean Renewable Power Company will begin generating some 180 kilowatts, enough to power about 30 homes, according to The New York … [Read more...]