Joshua S Hill for CleanTechnica:  Australia’s Carnegie Wave Energy Project has set a new world record after completing 14,000 cumulative operating hours, the highest ever recorded.

The news was announced by the Australian Renewable Energy Agency (ARENA) this week, which provided $13.1 million in funding. The $40 million project uses CETO wave energy technology, and was the world’s first array of wave power generators to be connected to an electricity grid. For the past 12 months, the CETO 5 project has used an array of three offshore wave power generators to provide electricity and potable desalinated water to Australia’s largest naval base, HMAS Stirling, on Garden Island in Western Australia.

“ARENA is proud to help local companies, like [Carnegie Wave Energy Limited], develop new renewable energy solutions that have the potential to change the way the world generates electricity,” said ARENA CEO Ivor Frischknecht. “We do this by providing Australian innovators with the support they need during the critical RD&D period, when patient funding is essential.”  Cont'd...