The Australian Renewable Energy Agency (ARENA) has provided $50,000 for the first milestone of the CETO 6 Project, the completion of a Knowledge Sharing Plan and detailed Project Plan.
The company said in a statement: " The Knowledge Sharing Plan details Carnegie’s ongoing commitment to use the Project to advance the wave energy industry globally through collaborations with industry and university partners, sharing key lessons learned with interested stakeholders and making certain data available to key stakeholders."
Throughout the project life, knowledge sharing takes place through a number of different mechanisms.
The CETO 6 Project includes design, construction, deployment and demonstration of three CETO 6 units in a grid-connected, up to 3MW peak installed capacity wave energy project at Garden Island, Western Australia.
In addition to securing $11m in Australian Government funding through the Australian Renewable Energy Agency’s Emerging Renewables Program, the CETO 6 Project is supported by a five year $20m loan facility from the Australian Clean Energy Finance.
