CWE 0.00% 4.2¢ carnegie wave energy limited

deployed, page-3

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    Commercial Scale CETO 3 Installed and Operating

    Commercial scale CETO unit successfully installed and operating and producing power off Garden Island.

    Performance data being collected and transmitted to West Perth control room for analysis.

    Performance meeting all expectations with further results to follow.

    Installation of the CETO system has taken place offshore from Australia's largest naval base on Garden Island in Western Australia. The final step, the connection of the buoyant actuator to the balance of the CETO system,
    occurred over the weekend. The system was immediately energised and is producing hydraulic power exactly as expected.
    Carnegie's Managing Director Dr Michael Ottaviano said,
    "This is the most significant milestone in Carnegie's history and follows more than 5 years of in-ocean testing of scale CETO prototypes. It now allows us to plan our project pipeline roll out with confidence. Carnegie's CETO technology was already the only wave technology to have produced desalinated water; it is now the only commercial scale wave unit ever deployed and operated in Australia and the Southern Hemisphere.I'd like to thank all of Carnegie's team which has put in a tremendous effort over the last 18 months and, in particular, the last 3 months. Their effort, along with our key contractors, has allowed us to achieve this major milestone safely and effectively. Additionally, we're grateful for the support of the State Government of Western Australia through the LEED grant program and the Australian Department of Defence." Dr Ottaviano said.
    The CETO unit's data acquisition and remote control system is also operating to design and allows the collection and transmission of performance data and complete system control in real-time from the CETO control centre in West
    Perth. Carnegie engineers are manning the centre around the clock to conduct power optimisation trials and monitor performance as well as carrying out detailed data analysis.
    Carnegie expects to have analysed performance data within 6 to 8 weeks and will retrieve the CETO unit on completion of the primary testing period for visual inspection.
    In parallel with manufacture, design and installation activities, Carnegie has been developing the design of a small scale, grid-connected 2 to 5MW demonstration project. A finalised conceptual design is now complete and
    work on the detailed design will commence shortly.

    All looks good to me :-)
 
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