Stonehenge Metals eyes wave power project for the Maldives

Stonehenge Metals (ASX:SHE) is acquiring 99% of Clean Energy Maldives Pvt Ltd, which has the approval and local support to establish a commercial wave energy converter power generation and seawater desalination facility.

The project off the coast of Hanimaadhoo Island, Maldives, has been designed to provide peak power potential of 2,000 kilowatts and desalination potential of 50 kilolitres per day. Read more