You are right, governments do stupid things, you only have to...

You are right, governments do stupid things, you only have to see what has been going on for the last seven or eight years in Australia to know that is the case.

However, for all the stupid things done by the government of the last two years, one thing they could never be accused of was spending one cent more than necessary on renewable energy. Yet against the trend, CWE continued to receive funding where others missed out.

Of course, CWE's dealings are not only with governments, they also collaborate with a number of institutions and public companies around the world. Companies like EDF, Bosch Rexroth, WaterCorp, Atlantis Resources etc., must have been suitably impressed with Ceto technology, to want to choose it above a multitude of other wave companies.

Not all of them can be wrong.