(EnergyAsia, February 11, Monday) — Ocean energy company BioPower Systems Pty Limited said it has been awarded a A$5 million grant under the Australian government’s AusIndustry Renewable Energy Development Initiative (REDI). (US$1=A$1.1).The grant will be matched by BioPower to fund a A$10.3 million, two-year project involving the deployment and ocean-testing of the company’s proprietary wave…