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US funding for wave energy project

Updated at 6:12 am on 1 October 2010

A New Zealand wave energy project has been awarded a $2 million grant by the US Department of Energy to deploy a wave-power device in the United States.

Wave Energy Technology New Zealand is a collaboration between Industrial Research Limited, NIWA and Power Projects Limited.

It has had a quarter-scale version in place off Christchurch and is developing a half-scale version to be in the water in 2011.


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