Bombora Wave Power Pty Ltd (‘Bombora’ or ‘the Company’) is delighted to announce the results of its detailed feasibility study for a commercial scale wave farm. The LCOE study, conducted with the support of a grant from the Australian Renewable Energy Agency (ARENA), shows that the cost of electricity from Bombora wave farms will be comparable to the cost of electricity from off-shore wind farms and solar arrays in Europe by 2023.
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