July 31 (Renewables Now) - The Western Australian government today launched a tender for the Albany wave energy project.
The government said the announcement is a step forward for its AUD-19.5-million (USD 15.5m/EUR 13.2m) commitment to developing the project, which will include the setting up of a wave energy research centre in Albany.
Through the request for proposal, which will close on August 18, the government is looking for an opportunity to invest in a wave energy technology project that has a "sufficient level of maturity." According to information on Tenders WA (http://www.tenders.wa.gov.au), the state is ready to contribute up to AUD 16 million towards the scheme, with the sum to be funded from the Royalties for Regions Fund.
After noting in March that the outcome of the Western Australian government elections confirmed the commitment of AUD 19.5 million in funding for the Albany wave energy project, Carnegie Clean Energy Limited (ASX:CCE) earlier this month said it is continuing discussions with the state government on this election commitment. In Albany, the company plans a project with an initial stage of 1 MW to be followed by a 20-MW wave farm.
(AUD 1 = USD 0.795/EUR 0.677)