This report provides an overview of ocean energy technologies and their potential contribution to the Small Island Developing States Lighthouses Initiative 2.0. The report highlights the current state of ocean energy technologies and their potential for sustainable development, energy access, energy security, and low-carbon economic growth. The report also provides an overview of the challenges and opportunities associated with the deployment of ocean energy technologies, including technical, economic, and regulatory challenges. The report concludes by emphasizing the importance of international cooperation and collaboration in advancing the development and deployment of ocean energy technologies.