The detailed design of the Protean wave energy converter (WEC) has been completed.
The design of 1.5 kW Protean wave device has been completed by Moore Commerce Pty, a technology development company engaged to deliver 30 Protean 1.5 kW devices.
The manufacturing stage of the device will commence during April, the company states.
Protean Wave Energy aims to become the first active wave farm developer off the coast of California, according to Stonehenge Metals.
Stonehenge Metals Ltd entered into into a binding option agreement with Protean Energy Limited to acquire Protean Energy Australia Pty Ltd, which holds the intellectual property titles, rights and licenses to the Protean Wave Energy converter technology.
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Image: Protean Wave Energy