Tidal Energy Today Staff has compiled the top news from tidal and wave energy industry from February 16 – 22, 2015.
Perth Wave Energy Project represents the first grid connected CETO wave power plant and the only power plant anywhere in the world operating multiple wave units. It was formally opened by Ian Macfarlane, the Federal Minister for Industry and Science, and is now feeding electricity to the West Australian power grid.
Tidal energy generated at EMEC test sites will be used to produce hydrogen that will be stored and used later for a variety of different schemes and ideas. EMEC is convinced that the production of hydrogen from the electricity is the key to keep EMEC at the forefront of marine renewables energy sector.
Carnegie has reached a financial close on the Clean Energy Finance Corporation’s (CEFC) five-year USD 15.6 mln loan facility for partial funding of the project. The funding will reduce the amount of equity required for the project representing first demonstration of CETO 6 technology.
Tidal Energy Today Staff