Antinuclear

Australian Renewable Energy Agency (ARENA) funding towards Wave Energy

Australian wave energy company receives grant funding, Renewable Energy Magazine, Robin Whitlock, 04 April 2014 Ocean Power Technologies (OPT) has announced that its partner company, Victorian Wave Partners, has received A$5 Million Initial Grant Funding from the Australian Renewable Energy Agency (ARENA) Victorian Wave Partners (VWP) is a project-specific entity that is wholly-owned by OPT (Australasia) Pty. Ltd (OPTA), which is in turn 88 percent owned by OPT.  The funding is the first payment under the A$66.5 million grant that was awarded by ARENA to VWP toward the cost of building and deploying its planned wave power station project off the coast of Australia……http://www.renewableenergymagazine.com/article/australian-wave-energy-company-receives-grant-funding-20140406

April 7, 2014 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, energy