Currently, numerous wave power plants (so called wave farms) have been implemented throughout the world. Many different organizations have designed various wave power systems that differ in size, cost, and effectiveness. A wave farm is a collection of wave power systems in order to create mass quantities of power.
One example of a wave power plant is the Aguçadoura Wave Farm in Portugal from Pelamis Wave Power Ltd. It is the first wave farm ever established and produces 2.25 megawatts of power. It was completed in 2008. Other wave farms, with other companies involved, have been proposed.