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Oceanlinx Limited Secures $4 Million in Government Grants for 1-Megawatt Pilot greenWAVE Energy Project

PERTH, AUSTRALIA--July 17, 2012--Researched by Industrial Info Resources (Perth, Australia)--Following a much-awaited announcement, Oceanlinx Limited (Botany, New South Wales) has received funding approvals from the Victorian state government. Oceanlinx, formerly known as Energetech Australia Pty Limited, submitted an appeal to the Australian Centre for Renewable Energy in 2011 for a $7.2 million Pilot greenWAVE Energy project and received close to $4 million on July 5, 2012. Oceanlinx is now keen on moving ahead with the first phase of the Pilot greenWAVE Energy project.

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