It has experienced a range of sea states including waves up to 3.8 metres in height and continues to perform in line with expectations, Carnegie said.
In tandem, works have continued onshore with the assembly and testing on the second CETO 5 Unit south of Perth at Henderson.
Offshore works have continued with the installation of the mud mat and the lower foundation connector in preparation for the installation of the second unit, which is considered ready for deployment, while construction of the third is progressing.
Following the initial operating period, approval to connect to the grid has been received from Perth’s electricity grid owner Western Power.
The grid connection and the installation of the second CETO 5 Unit will occur in the coming weeks.
In the interim, the system is generating power against a load bank onshore.
Carnegie’s managing director, Dr Michael Ottaviano, said he was delighted with the performance so far.
“The next step is to deploy the second CETO 5 Pod and Unit and then grid connection of the system. We will assess the need to retrieve and inspect the first CETO 5 Unit,” he said.
The Perth Wave Energy Project has been under construction for almost 12 months beginning with the installation of the CETO 5 Unit offshore foundations last summer.
The construction followed some two years of design, approvals, offtake, financing and procurement activity.
More than $30 million has been invested in the design, development and construction of the project.
The CETO technology takes a unique approach to wave power by generating both power and fresh desalinated water from the ocean swell while remaining fully submerged beneath the ocean surface, increasing its ability to survive large storms.
Carnegie was one of the few companies to thrive in November’s Deloitte WA Index, which fell dramatically with the market capitalisation of Western Australian-listed companies decreasing by 9.3% to close the month at $128.5 billion.
Carnegie posted a 25.7% [$23 million] increase in its market capitalisation with the installation of the first of three CETO 5 units off Garden Island.
