The Federal Government has announced $10 million in funding for Western Australia’s Carnegie Wave Energy’s Perth Wave Energy Project on Garden Island near Fremantle.


“With the Government’s assistance through the Emerging Renewables Program, this $31 million pilot project will demonstrate the potential for Carnegie’s Australian invented and owned CETO technology to provide up to two megawatts of energy to the electricity grid,” Minister for Resources and Energy Martin Ferguson said.


“This technology not only has the potential to increase investor confidence in wave projects and help unlock Australia's untapped wave energy resource, but it could also produce zero emission desalinated seawater, which on a dry continent such as Australia, is a significant additional attraction.”


The Western Australian Government will contribute $5.5 million to the project.