Carnegie Clean Energy Ltd pleased to share that its wholly owned subsidiary, CETO Wave Energy Ireland (CWEI), has successfully passed the EuropeWave Authorisation to Proceed (ATP) milestone as part of its EuropeWave ACHIEVE Contract. As part of the ATP milestone, CWEI submitted detailed documents covering financial, technical, safety, regulatory, and testing aspects. These have been reviewed by the EuropeWave Buyers Group to determine whether it was ready to proceed to the next stage of contract delivery and marks another successful step towards the deployment of CETO at BiMEP as part of the ACHIEVE Programme. The successful achievement of the ATP...
Carnegie Clean Energy today announced a major milestone on the path to commercialising its world-leading CETO wave energy technology. Carnegie’s wholly owned subsidiary, CETO Wave Energy Ireland has signed an Assignment Agreement related to the Berth Reservation Agreement between the Biscay Marine Energy Platform S.A. and Wave Energy Scotland Limited. The new Assignment Agreement assigns the rights secured by Wave Energy Scotland, on behalf of the EuropeWave Buyers Group, to CETO Wave Energy Ireland as one of the successful Phase 3 Contractors. The 2025 deployment of CETO at BiMEP marks a significant step forward for wave energy as a part...
We're honoured to have our CEO, Jonathan Fievez, deliver a keynote address at the upcoming #ICOE2024 conference in Melbourne, Australia. Jonathan will share insights on Carnegie Clean Energy's ground-breaking work harnessing the power of the ocean to decarbonise energy generation. Jonathan's leadership has been instrumental in securing over AUD$11 million contract to deploy our #CETO wave energy converter in The Basque Country - Spain, highlighting the growing global recognition of wave energy potential. Carnegie is grateful for this opportunity to showcase our hard work on the international stage at ICOE, for the first time in our own backyard, Australia! The...
Carnegie Clean Energys wholly owned subsidiary, Carnegie Technologies Spain, has been awarded €2.1m for the ACHIEVE+ project by the Ente Vasco de la Energia (EVE), the Basque Energy Agency. This award complements the contract awarded by the EuropeWave Project (€3.75m) and RENMARINAS DEMOS funding (€1.2m) creating a total funding pool of €7.05m ($11.66m AUD) for the deployment of CETO at the Biscay Marine Energy Platform (BiMEP) in the Basque Country. The EVE funding awarded provides targeted support for elements of the CETO deployment such as the Buoyant Actuator (BA), Mooring System, Power Take-Off (PTO), and Reinforcement Learning (RL) Controller. In...
Carnegie Clean Energy CEO Jonathan Fievez outlined the company's strategic path forward at the recent OTC Markets Virtual Investor Conference focused on Clean/Renewable Energy. Virtual Investor Conferences is the premier investor conference series, facilitating direct communication and presentations between publicly traded companies and investors. The participation inspired by Carnegies recent dual listing on the US Over-the-Counter Quotation Bureau (OTCQB) under the ticker [CWGYF]. Mr. Fievez provided valuable insights into Carnegie Clean Energy's recent progress, specifically focusing on the preparations for the deployment of CETO at the Biscay Marine Energy Platform (BiMEP) and successful award of financial support towards the ACHIEVE...
Yesterday, we welcomed Matthew Whittle and Hannah Gray from Huon Aquaculture to Carnegie HQ. They saw the recently deployed MoorPower technology up close at our offshore testing site, met with our technical team, and explored how this solution could significantly reduce reliance on diesel generators in offshore aquaculture operations. The Blue Economy CRC-funded MoorPower project is an example of harnessing wave power for cleaner, sustainable electricity generation. By partnering with industry leaders like Huon Aquaculture, we ensure MoorPower aligns perfectly with real-world customer needs, setting the stage for successful commercialisation. We are grateful to Huon for their ongoing support of the MoorPower...
