Antinuclear

World’s Biggest Wave Energy Turbine for Victoria

World’s Largest Wave Turbine Gets New Grant from Australian Government Clean Technica, JULY 3, 2012 BY GILES PARKINSON The Australian government as upped its investment in two nascent, Australian-developed wave energy technologies, announcing new grants worth almost $10 million to help bring the two new systems to the market, including what is believed to be the world’s biggest wave energy turbine.

The government is providing $5.6 million to BioPower Systems to install a 250kW full-scale pilot plant of its bioWAVE technology off the coast of Victoria, and is also providing just under $4 million to Oceanlinx, to install a 1MW demonstration plan of its Greenwave technology in South Australia.

Both grants are being made under the $126 million Emerging Renewables program, and follow an earlier $9 million grant to Carnegie Wave Energy, which is building a $31 million, 2MW grid-connected demonstration of its CETO technology near Fremantle in Western Australia.

BioPower CEO Tim Finnigan said the grant, along with a $5 million grant from the Victorian state government, means that its $15 million project was now fully funded. “This puts us into a position to complete the project, get it on the grid, and prove the technology at scale,” he told RenewEconomy. “It’s a pretty big development for us.”…… http://cleantechnica.com/2012/07/03/worlds-largest-wave-turbine-gets-new-grant-from-australian-government/

July 5, 2012 - Posted by Christina Macpherson | energy, Victoria