Australian wave energy developer, Carnegie, released its results for quarter ended on 30th June 2014.
During the quarter Carnegie Wave Energy Limited focused primarily on its Perth Wave Energy Project (the Perth Project) with the CETO unit assembly and test phase, delivery of the desalination plant to the Garden Island onshore site and the construction of the onshore power plant and grid connection.
Carnegie also progressed its CETO 6 Project including being awarded a new grant of $11m from the Australian Renewable Energy Agency (ARENA) and announcing that the first CETO 6 Project would be located at Garden Island, Western Australia.
Highlights from the quarter include: