none

EUROPEAN SUPPORT FLOWS IN FOR AUSTRALIAN WAVE POWER

31-07-2018
by 
in 

Enel Green Power (EGP) is set to invest Eur1 million (AU$1.6 million) in the research, development and deployment of Carnegie Clean Energy’s CETO wave energy technology.

As pert of a new collaborative agreement between the two companies, EGP will also join the Carnegie technical advisory committee member and that of the Wave Energy Research Centre run by the University of Western Australia with support from the WA State Government.

Enel Green Power is a global leader in renewable energy with a presence in Europe, the Americas, Asia, Africa and Oceania. It manages around 42,000MW of renewable energy plants across wind, solar, geothermal and hydropower, and is expert at integrating innovative technologies into renewable power plants.

The new deal will see Carnegie and EGP collaborate on the development and testing of the CETO technology, the Albany Wave Energy Project and future CETO projects. The two companies will also collaborate to identify, develop and invest in opportunities for CETO across Australia, in Europe and elsewhere worldwide.

According to Carnegie Managing Director, Dr Michael Ottaviano: “Wave energy remains the last great untapped renewable resource globally. Like all power technologies, its commercialisation requires the collaboration and consistent commitment of innovators, governments, research and industry leaders of the likes of Enel Green Power.”

Related news & editorials

  1. 12.12.2018
    12.12.2018
    by      In
    There are very few companies in Australia that can point to half a century of experience in electronic control systems, but Plant Control & Automation is one that certainly can.
    The company was founded in Sydney in 1968 by Adrian Smith, a young engineer who immediately set about designing and... Read More
  2. 11.12.2018
    11.12.2018
    by      In
    A-Safe Australasia has capped off a record year with a move to new premises. And while the company’s new base at 177-179 Power Street, Glendenning in Sydney’s west is just a few hundred metres from its old home at 197 Power Street, it provides the company with more than double the office and... Read More
  3. 10.12.2018
    10.12.2018
    by      In
    Aurecon has named Louise Adams as Managing Director for Australia and New Zealand. She was formerly Regional Director responsible for the company’s South Australian and Victorian practice.
    Announcing the appointment, incoming Global Chief Executive Officer, William Cox, said: “Senior female... Read More
  4. 10.12.2018
    10.12.2018
    by      In
    Safety specialist Axelent is expanding its activities in Australia and New Zealand with the addition of Rob Quinn as Business Development Manager with a brief to focus on customer development and growth in the New South Wales and Queensland markets.
    “I am so pleased to welcome Rob Quinn to the... Read More