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Carnegie is very pleased to announce that we have been selected to receive a Microsoft AI for Earth grant to support a project that uses artificial intelligence (AI) to enhance the capabilities of Carnegie’s Wave Predictor and broadens its potential applications. Carnegie’s project was chosen through a competitive global selection process.
The Annual General Meeting of Shareholders will be held at Swan Yacht Club, Riverside Road, East Fremantle WA 6158 on Wednesday, 25 November 2020 at 9.00am (AWST) (Meeting).
Carnegie Clean Energy Limited (Carnegie or the Company) is pleased to announce that the Blue Economy Cooperative Research Centre (BE CRC) has awarded $850,000 of grant funding to support the Mooring Tensioner for Wave Energy Converters (MoTWEC) Project, a $1.6 million project led by Carnegie with partners Advanced Composite Structures Australia (ACSA), University of Queensland (UQ) and ClimateKIC representing the Australian Ocean Energy Group (AOEG).
Carnegie has released a new video about the Wave Predictor that has been developed by the internal technical team and recently tank tested in Spain. The short video offers a high level explanation of what it does for CETO and how it may be attractive to other industries. The technology was also explained during a recent webinar presentation that was hosted by the Blue Economy CRC.
Carnegie’s Financial Report for the Year Ended 30 June 2020