ACRE Funds Hydro, Wave Projects
Australia’s renewable energy Commercialisation program – ACRE’s Emerging Renewables – this week announced funding for two further projects: a wave energy project by Carnegie, and bio design hydropower by Waratah Power.
The Carnegie project consists of almost $10m for project development of its technology to harness wave-pressurized water in Western Australia.
The Waratah Power project is aimed at defining turbine design for small hydro turbines based on aquatic fauna vulnerability to hydraulic stresses.
More detail can be found in the speech by Federal Minister Martin Ferguson.