Carnegie Cashes In on Enel Deal

Australian renewables developer Carnegie Clean Energy has received the associated payment from Enel Green Power (EGP) under the collaboration agreement.

In July 2018, Carnegie signed a deal with renewables player Enel Green Power (EGP) which will see EGP invest €1 million (AU$1.6 million) in the research, development and deployment of the CETO wave energy technology.

Under the agreement, EGP and Carnegie will also work together to identify, develop and invest in new opportunities for CETO 6 across Australia, Europe and globally.

In addition, EGP and CCE will also cooperate within the framework of the Albany Wave Energy Project (AWEP), a government-backed development project involving the design, manufacture, installation and 12-month testing of a full scale CETO 6 unit offshore in Albany, Western Australia.

The AWEP testing phase is expected to start by the first half of 2020.

Share this article

Follow Marine Energy

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Green Energy & Expo 2019

Conferenceseries LLC Ltd is an amalgamation of Open Access Publications and worldwide international science conferences and events…

read more >

OCEANS 2019

OCEANS is the bi-annual event for global marine technologists, engineers, students…

read more >

6th Edition of PHILIPPINES MARINE (PHILMARINE) 2019

The 6th Edition of PHILIPPINES MARINE (PHILMARINE) 2019 co-located with Shipbuild Philippines and O­ffshore Philippines 2019…

read more >

Seawork International 2019

Seawork International is the largest and fastest growing international commercial marine and workboat exhibition and conference…

read more >