Carnegie Wave Energy will build the world's first renewable energy microgrid involving wave energy on an island off the coast of Western Australia, which chief Michael Ottaviano says will put Australia "streaks ahead" of global rivals.
The Perth-based company will begin construction on the project before the end of the year, which will act as a demonstration site for the remote island nations and communities on the fringes of power grids eyeing the self-sufficient technology.
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Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
