Evening All:D The announcement on 28th September for ARENA...

Evening All

The announcement on 28th September for ARENA funding indicates:

"ARENA Commits $2.5m for World First Microgrid Project

Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce that it has been awarded $2.5 million from the Australian Renewable Energy Agency (ARENA) to support the world’s first solar, battery and wave integrated microgrid project.

The Project will involve the construction and installation of a 2MW solar PV array, a 2MW/0.5MWh battery energy storage system and control system both to be integrated with Carnegie’s CETO 6 technology and existing desalination plant.

The Project will also include augmentation of the grid connection and is supported by Western Power, the network operator who builds, maintains and operates the main electricity network in WA.

The Project will begin construction before the end of 2016 and be commissioned in the first half of 2017."

Mega my understanding is that the full project will be commissioned in the first half of 2017.

With the deployment of CETO 6 buoys being hotly promoted as far less work & without the need for heavy lifting.

29/10/15 announcement:
The initial step is a detailed design phase with construction likely to occur in 2016 so that it occurs in advance of CETO 6 construction.

16/10/15 announcement:
"This CETO 6 design delivers a number of advantages over previous CETO generations including an approximate four times increase in rated capacity to 1MW, the removal of heavy offshore lifts (and associated costly heavy lift vessels), simplified installation and maintenance and more advanced control systems"