Renewable energy developer, Oceanlinx, is hoping to install its wave energy device offshore Port MacDonnell later this year, ABC news site informed.
The company is still waiting for the $7 million project approval from the Federal Government.
Oceanlinx CEO Ali Baghaei commented: “We have also spent obviously a lot of money with respect to third-party consultations and designs and so forth and that is also at our own risk.”
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Offshore WIND staff, August 15, 2012; Image: Oceanlinx