Carnegie Wave Energy has signed a memorandum of understanding with Lanka Energy Conservation for the development of wave and microgrid projects in Sri Lanka.
The agreement focusses on identifying the opportunities and development pathways for commercial wave energy plants on Sri Lanka.
In addition, it covers the potential microgrid opportunities that would enable CETO wave farms to be integrated into the existing or new power infrastructure to supply clean power and freshwater, Carnegie informed.
Greg Allen, Carnegie’s Chief Operating Officer, said: “The signing of this MoU provides us with another opportunity to provide services to explore the possibility of incorporating CETO, along with microgrid solutions, to enable high penetration of renewable energy, displacing imported diesel.”
Dammica Wickramaratne, Chairman and Managing Director of Lanka Energy Conservation, added: “Sri Lanka shows good potential for wave, solar and wind energy power. Our population of 23 million is currently powered predominately by a mix of coal, diesel and hydropower with less than only 5% being powered by wind and solar.”
The agreement follows a similar pathway adopted by the Government of Mauritius, resulting in the recent deployment of a wave monitoring buoy off Mauritius, as part of a series of work packages that will identify the opportunities and a design for CETO and microgrid solutions on the islands of Mauritius and Rodrigues, currently being delivered by Carnegie.
It also comes after ARENA’s commitment of Au$2.5 million in funding to Carnegie’s Garden Island Microgrid Project announced earlier this week.
Lanka Energy Conservation of Sri Lanka, an associate company of Perth Eco Power, is a provider of energy conservation, energy management, waste heat into free power, and technology