ARENA today announced $11 million funding to support the next vital step in Carnegie Wave Energy’s ground-breaking CETO technology.
The $46 million CETO 6 project represents the next generation of Carnegie’s landmark wave technology and is expected to deliver energy at approximately half the cost of CETO 5.
The funding will help Carnegie progress towards commercialisation of its CETO technology, which is set to significantly advance wave energy in Australia and internationally.
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Media release – Next generation of landmark Australian wave technology
