Carnegie Wave Energy: World's First Wave Energy Powered Seawater Reverse Osmosis Desalination Plant Fully Integrated and Operations

Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce the world's first wave energy powered seawater reverse osmosis desalination plant is fully integrated and operational.

Carnegie's desalination pilot plant on Garden Island (co-located with the Perth Wave Energy Project) was successfully commissioned off the electricity grid earlier this year, and is now fully integrated with the CETO wave energy power plant, meaning that the desalination plant is capable of running both off the grid and directly off hydraulic power from Carnegie's wave project, or a combination of both.

The first bottle of wave-powered desalinated water produced was presented by Carnegie's Chief Operating Officer, Greg Allen, to the Western Australian Minister for Water the Honourable Mia Davies MLA at the Australian Water Association's (AWA) Annual Western Australian Conference today. Mr Allen presented on wave energy integrated desalination at the Conference timed to coincide with National Water Week (presentation attached). Carnegie's Wave Powered Desalination Project won the 2014 AWA Innovation award.

As previously announced, the containerised desalination pilot plant co-located with the Perth Wave Energy Project was manufactured and supplied by MAK Water Industrial Solutions (MAK Water), with Carnegie signing an agency agreement to act as the exclusive agent for MAK Water in South America earlier this year. The agency agreement has now been extended to include remote islands to capitalise on the opportunity for high quality, containerised desalination solutions in these locations.

The first joint Carnegie/MAK Water island opportunity is currently underway with MAK Water's desalination experts already undertaking the first activities of a process of technical review, site upgrades and capital replacement at 4 sites on remote Indian Ocean Islands.

About Carnegie

Carnegie Wave Energy Limited is an Australian, ASX-listed (ASX:CWE) wave energy technology developer. Carnegie is the 100% owner and developer of the CETO Wave Energy Technology intellectual property. Carnegie is focussed on commercial opportunities in key target markets including UK, Europe and remote islands.

About CETO

The CETO system is different from other wave energy devices as it operates under water where it is safer from large storms and invisible from the shore.

CETO technology characteristics include:

• Converts ocean wave energy into zero-emission electricity and desalinated water.
• Environmentally friendly, has minimal visual impact and attracts marine life.
• Fully-submerged in deep water, away from breaking waves and beachgoers.