Carnegie Wave Energy Completes Onshore Power Plant for Perth Project

Carnegie Wave Energy
CETO 5 unit during installation at Perth project site.

Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) announced it has completed the onshore power plant for the Perth Project.

In addition to completion of the onshore power plant, physical works have now been completed
and the plant is ready for connection to the electricity grid at HMAS Stirling pending Western
Power approval.

Carnegie has received a $54,444 milestone payment from the Western Australian Government
under its LEED Grant for the Perth Project. This payment was awarded for the completion of
the onshore plant on Garden Island.

Carnegie has also submitted a milestone payment claim worth $316,785 for the completion of
this milestone to the Australian Government under its grant from the Australian Renewable
Energy Agency (ARENA) Emerging Renewables Program.

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This post was prepared by Solar Thermal Magazine staff.