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Bombora Wave Power granted funds for wave energy study

Australian wave energy developer, Bombora Wave Power, has been granted $127,000 by the Australian Renewable Energy Agency (ARENA) to complete a detailed ‘Levelised Cost of Energy’ (LCOE) study for its innovative wave energy converter. 

The study will focus on the design for commercialisation of Bombora WEC, a 1.5 MW wave energy convertor. 

Earlier in September 2015, Bombora WEC deployed a prototype of their revolutionary 1.5 MW wave energy device in the Indian Ocean, off the coast of Melville. 

Located in water depths of 10 meters, the wave energy device consists of 60 metre long flexible membrane that squeezes air through a circuit that extracts energy through an air turbine. Electricity from the device would be transferred to the onshore grid via a subsea cable. 

Mr. Sam Leighton, Bombora’s CEO, said: “The Cost of Energy study is a crucial component in our commercialisation roadmap, ahead of deploying a full-scale Bombora WEC. We are very pleased to have ARENA’s support at this critical juncture as we confirm our competitiveness in the renewable energy sector.”

This grant is a giant step towards developing cheap and reliable renewable energy technologies and increase the share of renewable energy in the energy mix of Australia.