Carnegie Wave Energy Limited (ASX:CWE) is focused on developing and commercialising its CETO wave energy technology which is capable of producing zero-emission power and desalinated water.
Carnegie Wave Energy (ASX: CWE) has received the first payment of $142,692 from the $1.27 million AusIndustry grant to support its CETO Seawater Desalination Demonstration Pilot Plant in Perth, Western Australia.
The grant, which is half the $2.5 million cost, will support the design, construction and operation of the seawater desalination plant.
The detailed design package for the plant has been awarded to Western Australia’s MAK Industrial Water Solutions.
Carnegie’s design will allow the plant to be directly powered by hydraulic energy from an offshore CETO wave energy system.
The detailed design work will include an integration methodology and plan for integration the construction of the pilot with the existing Perth Wave Energy Project construction and commissioning.
The CETO desalination pilot will be co-located with Carnegie's Perth Wave Energy Project (PWEP) on Garden Island, integrating off-the-shelf reverse osmosis desalination technology with the PWEP infrastructure.
Carnegie has $15.5 million in cash as of 31 March 2013.
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