Carnegie Wave Energy has signed a memorandum of understanding with Lanka Energy Conservation for the development of wave projects in Sri Lanka.
The agreement also covers the potential microgrid opportunities that would enable Carnegie’s Ceto wave technology to be integrated into existing or new power infrastructure to supply clean power and freshwater.
Carnegie chief operating officer Greg Allen said: “This MoU provides us with another opportunity to provide services to explore the possibility of incorporating Ceto, along with microgrid solutions, to enable high penetration of renewable energy, displacing imported diesel.”
Lanka Energy Conservation chairman Dammica Wickramaratne added: “Sri Lanka shows good potential for wave, solar and wind with less than 5% being powered by renewables. Sri Lanka is also a signatory to the Paris Agreement for Sustainable Energy development. “
Lanka Energy Conservation is an associate company of Australian outfit Perth Eco Power.
Image: Ceto wave technology (Carnegie)
Carnegie eyes Sri Lanka wave
MoU with Lanka Energy Conservation also covers microgrid opportunities
By EBS