CWE has long standing licence agreements for Portland, Warrnambool and Phillip Island.
Port Fairy is the site where BioPower will be deploying a device.
I would think Geelong is in need of new industries to replace the old ones they have lost. It is close enough to the Great Southern Ocean to tap into it's abundant wave energy resources.
CWE Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held