Australian wave energy developer, Carnegie Wave Energy, has signed an agreement with the Irish government to explore potential sites for its CETO marine energy installations.

The €150,000 ($au200,000) project is being 50% funded by the Irish Government and 50% by Carnegie. In this first phase of a potential 5 megawatt commercial demonstration project, Carnegie will aim to determine sites where it can locate its ocean floor-based CETO devices in Irish waters.

This is Carnegie’s second international project. The first is at Reunion Island, near Madagascar. That facility will be built in three stages with an ultimate capacity of 15 MW. (See Carnegie’s First International Wave Energy Project.)