Australia-based Carnegie Wave Energy has been awarded a wave energy berth by the board of Wave Hub at a wave energy demonstration site in Cornwall, south-west England, where the company will develop a 3MW project.
CETO Wave Energy UK, a branch of Carnegie, has signed a commitment agreement for the final berth and plans to build the project using its commercial CETO 6 units, with an option to expand it to 10MW.
The awarded berth enables Carnegie to connect its CETO 6 units to the present electrical subsea cables and grid connection already installed.
Carnegie's plans will strengthen Wave Hub's position in pre-commercial array testing of wave energy devices in the world, with current capacity of 30MW.
The CETO 6 unit will have a 1MW power capacity.
Carnegie European Business Development executive director Kieran O'Brien said that securing a berth at Wave Hub provides Carnegie with a pre-developed site and installed grid connected infrastructure to test its CETO 6 commercial generation technology whilst leveraging off UK technical and commercial supply chain expertise in the heart of the marine renewables industry.
Wave Hub managing director Claire Gibson said, "We have seen an increase in demand from companies with advanced wave energy technology and have had to consider each of them carefully given we only had one berth remaining.
"Carnegie has an impressive track record, successfully developing their CETO technology from concept to a pre-commercial array in just ten years.
"We are delighted they have decided to come to Wave Hub and benefit from the local expertise that is available in Cornwall."
Wave Hub will buy electricity generated from the project as per a power purchase agreement that includes the ability to claim five renewable obligation certificates, approximately $500/MWh (€363.1/MWh).
Cornwall Council Leader John Pollard said, "It is fantastic news that Carnegie Wave Energy will be part of the Hayle operation.
"I congratulate Wave Hub on securing this contract and fulfilling the intentions of the wave energy test facility which will now be fully utilised.
"This latest development is very significant for the whole region and Cornwall Council's pioneering approach to developing energy from the sea."