West Coast Wave Initiative

"The UVic-led West Coast Wave Initiative to study the potential of wave energy has received $150,000 from the province of B.C. and another $60,000 from B.C. Hydro. Provincial funds will go toward buying, deploying and maintaining a high-tech buoy built by AXYS Technologies of Sidney. This is the fifth AXYS buoy for this project. Buoys measure wave heights, direction and frequency."

http://www.timescolonist.com/news/b-c/on-the-street-wave-study-to-feature-axys-buoy-1.2361252

So what has this got to do with CWE?

"Carnegie is a technology partner in the West Coast Wave Initiative (WCWI) which is a multi-disciplinary group of academics and industry partners investigating the feasibility of wave energy on the west coast of Canada. WCWI is managed by the University of Victoria in Canada. WCWI’s Director, Dr Brad Buckham presented A Strategic Approach to Wave Energy Development at the Marine Renewables Canada 2013 Annual Conference."

http://carnegiewave.com/projects/canada-project/

In the last week or so, there are signs of CWEs involvement in initiatives in Europe, Asia and North America.  This is on top of agreements they already have in South America, Mauritius, Seychelles and Australia.

When the time comes, CWE will be well prepared to build wave farms and microgrids.