Carnegie has been exploring a number of opportunities for wave energy in Chile as well as South America more generally.

Chile is one of South America’s fastest and strongest growing economies with a strong demand for water and energy that is expected to continue to increase.

In 2011, Carnegie completed a site assessment of the Chilean coast which identified a number of viable sites along the Chilean coast. In addition to favourable site assessment results, Carnegie also has an Agency Agreement in place with MAK Water Industrial Solutions to act as their exclusive agent for MAK Water’s products in South America.

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