ReNew Economy reports that Australian wave power Carnegie Energy is to test it's CETO technology at the UK wave hub - Carnegie to test CETO 6 at world-leading wave energy hub.
ASX-listed wave energy developer Carnegie Wave Energy has won a berth at the world’s largest purpose built wave energy demonstration facility in the south west England, to test its CETO 6 commercial-scale technology.
The berth – and the generous tariff being paid for a demonstration plant – means that Carnegie could have two full scale projects underway with the latest version of its technology. This comes after the Clean Energy Finance Corporation allocated a $20 million loan facility if it built a similar plant in Australia. However, the UK deal provides Carnegie with a ready-made, grid-connected berth at the “Wave Hub” in Cornwall, to deploy and test an array of CETO 6 Units in open water conditions.
Weighing in at 1MW, the CETO 6 array will have a power capacity some four times that of the current CETO 5 generation being deployed in a world first 3 unit array in Carnegie’s Perth Project in Western Australia.
RNE also has a report on the demise of wave power company Oceanlinx - Wave energy company Oceanlinx goes into receivership.
Australia’s Oceanlinx, whose home-grown, commercial-scale wave energy converter technology was unveiled with some fanfare last October, has been placed in receivership after the Sydney-based company hit troubled waters in February.
Rahul Goyal, one of two receivers appointed to the case from KordaMentha, said the company had “suffered financially” after an incident at sea several weeks ago delayed the final installation of its 1MW GreenWave wave energy converter – billed, at the time, as the world’s first such machine to be deployed.
The commercial-scale unit was damaged en route to its destination of Port MacDonnell, in the south-east of South Australia. This caused delays in funding, said Goyal, which was dependent on meeting installation deadlines.
Oceanlinx’s plan had been to install the 24m by 21m, 3,000 tonne unit 3km offshore and transfer the electricity it generated to the grid via a subsea cable. Once operational, the 1MW turbine was expected to produce enough electricity to power 1000 homes. Instead, the commercial-scale unit, which sits on a base of prefabricated reinforced concrete, was towed into shallow waters at Carrickalinga, where it remains.
Formed more than 15 years ago, Oceanlinx was a promising player in Australia’s ocean energy sector, having a number of wave power prototypes, including three units off the NSW coast, and had plans to expand to North America, Asia and Europe.