November 17 (Renewables Now) - Global energy and environment company Enzen has made a multi-million-dollar investment in Bombora Wave Power Pty Ltd, the Australia-based developer of the mWave membrane style wave energy converter.
Bombora announced this today, saying that the fresh financial support allows it to move to full-scale construction and testing of its 1.5-MW device. Specifically, the funds will be used to test the membrane, valve and full-scale turbine and generator.
Bombora did not disclose the exact size of the investment.
Sector player Carnegie Clean Energy Ltd (ASX:CCE) is working on a wave energy project off Albany in Western Australia, where it not only will deploy its own CETO 6 device but also provide common user infrastructure to its peers. Bombora noted it is collaborating with Carnegie on that project and anticipates to deploy its own unit there.