This document provides an overview and update on Carnegie Wave Energy's Perth Wave Energy Project in Western Australia. Key points include: - The project involves 3 CETO 5 wave energy conversion units installed near Garden Island to provide power to the grid and desalinated water to nearby naval facilities. Over 8,500 hours of operation to date. - The first CETO unit was recently retrieved for onshore inspection and maintenance, validating the maintenance methodology. The remaining 2 units will be retrieved over winter. - Performance of the CETO units and system has been as expected across a range of sea states up to 5.7m. Power output has been measured and matched models. - Plans and timelines are