Oceanlinx was a company established in 1997 (originally as Energetech Australia Pty Ltd) which specialised in the research and development of ocean-based renewable energy technology. The company's central technology was based on the Wave Energy Converter "WEC" which converts wave energy into electrical energy. Oceanlinx technology focused on the oscillating water column principle, and developed several prototype generators which were deployed and tested in Port Kembla, New South Wales. In 2014, Oceanlinx entered receivership and its technology, intellectual property, brand and trademark were sold to Wave Power Renewables Limited in Hong Kong. Wave Power Renewables Limited has continued to develop the technology, and Oceanlinx's founding director, Tom Denniss has further developed the technology since 2016 as a director of Wave Swell Energy. Technology The wave energy conversion technology developed by Energetech and later Oceanlinx uses a bi-directional airflow air turbine, turbine installed on top of an oscillating water column; this turbine concept and others were developed specifically by Oceanlinx to accommodate waver energy conversion technology. The Turbine and generator are the only moving part and sit above the water. The advantage is that fewer the moving parts the better and it means that the turbine is not in direct contact with the sea water. Oscillating Water Column & Turbines Oscillating Water Columns (OWCs) are simple constructions that act like a piston and cylinder. As waves rise within the OWC, it replicates the action of a piston, driving a column of air ahead of it and through the turbine. Most turbines are designed to function with a constant flow in a single direction but OWC generates a bi-directional flow. Oceanlinx patented turbines can continue to generate electricity regardless of a change of direction under varying flow conditions. Generator and Transmission System The system will be matched to the turbine based on the available wave resource. The rated capacity of the generator will vary to best match the environmental conditions at the installed location. The firm was developing deep-water technology to generate electricity from easy-to-predict long-wavelength ocean swell oscillations. History Energetech (1997–2006) Energetech was founded in 1997 by Dr. Tom Denniss as Energetech Australia Pty Ltd. During its 17-year life, it attracted approximately AUD$6.9 million in grant funding. In 1999 the company received an AUD$750,000 Federal Government Grant to develop a wave energy project at Port Kembla in New South Wales. In 2001 Energetech closed a round of venture capital funding with