Carnegie Wave Energy Receives Australian Grant to Develop Seawater Project

PERTH, AUSTRALIA--March 6, 2013--Researched by Industrial Info Resources Australia (Perth, Australia)--Carnegie Wave Energy Limited (ASX:CWE) (Perth, Australia), a technology developer specializing in wave energy, recently received a $1.33 million grant from the government to build a seawater desalination project powered by wave energy. The project will desalinate seawater to produce freshwater.