Carnegie Wave, Fundación Chile to bring wave energy to Chile

Carnegie Wave has signed a Collaboration Agreement with Fundación Chile (FCH) to work together on developing commercial wave energy projects in Chile.

The areas defined for collaboration with Fundación Chile include the assessment of wave resources at various sites, the regulatory environment, site identification and development and project financing and construction, Carnegie Wave’s press release reads.

Additionally, Carnegie is now a partner with Fundación Chile in the Valparaiso Regional Government’s Innovation Fund of Competiveness (FIC) that aims to develop marine energy in the Valparaiso Region which includes Easter and Robinson Crusoe Islands.

Carnegie’s Business Development Manager, Edoardo Sommacal said: “Fundación Chile is a key player in the development of the renewable energy and innovation in South America and this collaboration will speed the development of the wave energy sector in Chile.”

Juan Ramon Candia, Fundación Chile’s Head of Renewable, commented: “The Government has developed our national agenda for energy, where the promotion of renewables is central. The agreement we have signed with Carnegie represents a great opportunity for our organisations to collaborate towards making wave energy a reality in this part of the Globe.”

Fundación Chile will participate together with other local Chilean companies and the National Institute of Hydrology (INH) to advance the development of marine renewable energy in the coastal communities of the Region of Valparaíso.

The focus will be completing the survey of the energy requirements of the coastal sector of Valparaíso region, as well as assessing wave resources at Robinson Crusoe Island. According to Carnegie Wave, the second phase of the project will also include Easter Island in the assessment process.

Fundación Chile (FCH) is a private/public corporation designed to promote innovation by developing international networks and delivering solutions to address the challenges of Chile in the areas of renewable energy and sustainability, development of human capital, education, aquaculture, entrepreneurship and food.

Carnegie Wave Energy is an Australian wave energy technology developer that has recently connected an array of CETO 5 wave energy devices to the Australian grid through Perth Wave Energy Project.

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Image: Carnegie Wave