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Carnegie Wave Energy Install Second CETO 5 Unit

  • Published January 27, 2015 11:03AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

ASX Announcement, Tuesday 27th January

Second CETO 5 Unit Installed and Operating  

  • Two CETO 5 units now operating at Perth Project
  • First CETO 5 unit operating for over 1700 hours
  • Power supply to Defense Government to commence

Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce that the second of its new generation CETO 5 wave energy units has been successfully installed and is operating at its Perth Wave Energy Project site off Garden Island, Western Australia.

The second CETO 5 unit was successfully installed in one day and has now been operating for a little over a week. The sea state conditions experienced during this initial operational period have included waves up to 3.5m in height. The Unit is operating in line with expectations alongside the first CETO 5 unit, installed in November last year. The first CETO 5 unit has now been operating for over 1700 hours, and has experienced a range of sea states, including waves up to 3.8m in height.

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