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

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

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