CWE carnegie wave energy limited
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Ann: Second CETO 5 Unit Installed and Operating, page-9

  1. Lodiac
    2,904 Posts.
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    27/01/15
    14:49
    Post #: 14646223
    I think as far as the market's concerned, the milestones it's looking for that may move the SP upward would be:

    1) full successful completion of CETO 5 project with desalination

    2) full successful completion of CETO 6 project in 2019-20

    3) cheaper components and installation to make CETO price competitive

    4) several commercial orders.

    All that probably needs to happen by 2025 at the latest.
    CWE Price at posting: 6.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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