Oceanlinx to Deploy Wave Energy Device Offshore Australia

Business & Finance

Renewable energy developer, Oceanlinx, is hoping to install its wave energy device offshore Port MacDonnell later this year, ABC news site informed.

The company is still waiting for the $7 million project approval from the Federal Government.

Oceanlinx CEO Ali Baghaei commented: “We have also spent obviously a lot of money with respect to third-party consultations and designs and so forth and that is also at our own risk.”

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Subsea World News Staff , August 15, 2012