Wave to Oz
Posted: Thu Jul 12, 2012 5:33 pm
Its 45 PowerBuoys (demonstrated in the video below) and five Undersea Substation Pods are expected to fulfill the energy needs of around 10,000 homes.
Funding for the project, which is to be located off the coast of Portland, Victoria, also includes a previously announced grant of AUD$66.5million (approx. £42m) from the Commonwealth of Australia's Department of Resources, Energy and Tourism.