The Australian Renewable Energy Agency (ARENA) has provided AUD4m ($4 million) of funding towards an AUD12.3m pilot wave energy converter off King Island, Tasmania. Wave Swell Energy's 200 kW UniWave 200 device will integrate with Hydro Tasmania's microgrid on King Island, which itself received AUD6m of funding from the agency eight years ago.
The Australian Renewable Energy Agency (ARENA) has provided AUD4m ($2.75m) of funding towards an AUD12.3m pilot wave energy converter off King Island, Tasmania. Wave Swell Energy's 200 kW UniWave 200 device will integrate with Hydro Tasmania's microgrid on King Island, which itself received AUD6m of funding from the agency eight years ago.