Australia: Carnegie Releases Report on Recent Activities

July 24, 2013

During the quarter Carnegie Wave Energy Limited focused on progressing its Perth Wave Energy Project (the Perth Project) including the transition from the design phase into the procurement phase ahead of construction beginning next quarter.

Highlights from the quarter:

Commitments placed with suppliers for 9 out of 10 key elements of the Perth Project
Carnegie received formal handover of the onshore site for Perth Project from the Australian Department of Defence.
Additional $2.7m in government funding awarded to the Perth Project bringing total government support for the project to $20.4m
CETO Seawater Desalination Pilot Plant government grant funding agreement executed and first payment received from AusIndustry.
Approval of CWE Ireland Foreshore License application in County Clare, Ireland.
Visits to Carnegie Wave Energy Research Facility by the US Ambassador and Consul General, and the French Navy.

You can read the full report at Carnegie Wave Energy website.

[mappress]

Press release, July 24, 2013; Image: carnegie wave energy