Carnegie Wave’s CETO technology nominated for global sustainability award

The Perth-based developer of the world’s first grid-connected wave energy array, Carnegie Wave Energy, has been short-listed for an international award that honours outstanding solutions, technologies or projects that help build a more sustainable future.

Carnegie’s 100 per cent owned CETO technology was nominated for the Sustania Award due to its potential for remote island markets, and was evaluated against five criteria: availability, environmental impact, financially viability, improvement of life quality, and scalability.

The ASX-listed Australian contender was selected as one of 100 semi-finalists for the award from over 1,500 different projects from 151 countries.

The final winner – to be announced at a ceremony in Paris to coincide with the UN climate conference there, in December – will be selected by a judging panel including the former Governor of California, Arnold Schwarzenegger and the Executive Secretary of the UN Convention on Climate Change, Christiana Figueres.

A grid-connected array of Carnegie’s CETO 5 wave energy units – the Perth Wave Energy Project – has been selling power to the Australian Department of Defence to supply Australia’s largest naval base, HMAS Stirling, located on Garden Island, since it was first switched on in February. It will also supply zero-emission desalinated water to the naval base.