30 Jun '13, 2am

Ecomagination ANZ Challenge Winners Set to Develop Renewable Energy Technologies

Cardiff, Wales -- During March, several companies focused on developing low-carbon innovations were announced as winners of GE’s first ever ecomagination Challenge in Australia and New Zealand. The five winners, each awarded a total of AUD$100,000, will develop innovative renewable and smart energy applications in fields as diverse as wave power and engine technology. So, how do the new technologies work? And what are the prospects for future scale-up and commercialisation? Bombora Wavepower The first winner, Bombora Wave Power , will continue the development of its wave power technology, consisting of a V-shaped concrete device that can be mounted on the sea bed close to shore in water depths of between four and 15 metres. As Glen Ryan, Director at Bombora Wavepower, explains, the award will be used to initiate Bombora's next development phase, which will consist of furth...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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