Bombora raises funds for wave tests, joins Carnegie in Albany

Author: Steve Corey. License: Creative Commons, Attribution-NoDerivs 2.0 Generic

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.

More stories to explore
Share this story
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription