On June 15, GreenWave Energy Solutions, LLC ("GreenWave") filed its proposed schedule of activities relating to its development of the San Luis Obispo Wave Park, a 100MW wave park off the California coast. FERC granted GreenWave a preliminary permit for the project in May, amending the boundaries of the project to bring the entire project within state waters, and thus allowing FERC to issue the preliminary permit under its recent MOU with the Minerals Management Service. GreenWave's proposed regulatory schedule includes: (i) the filing of its First Six Month Report on Oct. 31, 2009; (ii) the filing of a Notice of Intent and Traditional or Alternative Licensing Process Request on April 30, 2010; and (iii) the filing of its License Application on April 30, 2012.