This video, from http://www.finavera.com/ documents the deployment of the AquaBuOY 2.0 wave energy converter. It has been deployed off the coast of Newport, Oregon for testing.
The AquaBuOY is a floating buoy structure that converts the kinetic energy of the vertical motion of oncoming waves into clean electricity.
Finavera Renewables Inc. is a publicly listed company (Toronto Venture Exchange).
And here’s the sales piece showing you how this technology is supposed to come together.