CWE carnegie wave energy limited

Ann: Final CETO 5 Grant Milestone Payment Received-CWE.AX, page-3

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    • "The Desalination Pilot was supported by a $1.27m AusIndustry grant from the Clean Technology Innovation Program."

      I had been wondering why the Ceto 5 buoys had to be decommissioned in order to get the tax rebate for R & D, yet they able to retain the desalination plant as part of the Garden Island Microgrid Project.

      From the above paragraph, I am assuming that the funding for the desal plant was separately funded and not classified as R & D.
 
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