Carnegie, Atlantis link for marine RE

Australian wave energy technology developer Carnegie and tidal power peer Atlantis Resources have inked a collaboration deal aimed at screwing down the cost of marine renewables.

The tie-up will tackle "a range of areas" including technology and project development to cut the current price-tag for both wave and tidal generation, kicking off with a project to rework the electrical architecture of the Carnegie's near-shore hydraulics-driven Ceto device.

“Collaboration between developers in the marine energy space is both essential for progress to be continued to be made and inevitable as marine energy technologies and markets mature," says Carnegie managing director Michael Ottaviano.

Atlantis chief executive officer Tim Cornelius adds: “There are numerous synergies, both technical and commercial, that exist between wave and tidal power development and we look forward to Log in to read complete article.

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