New Zealand to Award Grants to Three Marine Energy Projects
This article is for subscribers only.
The New Zealand government will award a total of NZ$876,884 in grants to three marine energy projects, it said in a website statement.
Wave Energy Technology New Zealand Ltd. will receive NZ$361,884 to install a cable at its test site on Wellington’s south coast, while Community Leisure Management Ltd. will get NZ$203,000 to install as many as three turbines to harness tidal flows in and out of Hobson Bay. Tangaroa Energy Rakia Amps Ltd. will get NZ$312,000 to produce a 20-kilowatt wave energy device that will be deployed in the eastern waters of Stewart Island.