HomeWorld RegionsAsiaNew Zealand wave power plan wins government funds

New Zealand wave power plan wins government funds

A $1.4m plan to power New Zealand’s third largest island entirely on tidal energy has received government funding.

New Zealand’s Marine Energy Deployment Fund will give $250,000 to a joint venture between domestic company Tangaroa Energy and Norwegian wave power group Langlee that aims to cut Stewart Island’s reliance on diesel-generated power.

Langlee will install floating machines which harness wave power and convert it into electricity. The scheme will start with a year-long test using one 50 kW device, which will provide 280 MWh per year.

The New Zealand government aims to generate 90 per cent of electricity from renewable sources by 2025. Around 60 per cent of the country’s electricity is currently produced from sustainable sources including hydroelectric, geothermal and wind capabilities.

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