Latest News

Hewlett Packard Enterprise showcases CETO and Reinforcement Learning Based controller at HPE Discover 2022

June 30, 2022
Carnegie was up on the big screen at HPE Discover 2022 this week, one of the biggest conferences in the technology calendar. Click here to watch HPE’s Paolo Faraboschi talk about the work we are doing to revolutionise wave power with AI. The three-day conference was held in Las Vegas, Nevada 28-30 June. Carnegie held a place on the conference floor, showcasing the work being done under its collaboration agreement with Hewlett Packard Enterprises on Reinforcement Learning-based controllers. CETO was on display in the interactive HPE wave tank, demonstrating its ability to adapt and operate in different wave conditions. Carnegie...

Carnegie Achieves CETO Digital Development Pathway Commercial Target

June 7, 2022
Carnegie is pleased to announce that its Digital Development Pathway has achieved its commercial target, through the cost and performance improvements of CETO. These improvements have reduced CETO’s timeframe to commercialisation, making its pathway comparable to the historical progression of solar PV and offshore wind. The completion of the Digital Development Pathway signals the escalation of commercialisation activities. This is a key milestone and showcases how, with deployment, wave energy can become a commercially competitive and widely adopted technology. The work undertaken has delivered a step change improvement in cost and performance which will place CETO in a strong position...

Carnegie participates in Ocean Energy Events in Hobart, Tasmania

May 13, 2022
Carnegie was invited to present and speak at three ocean energy events held in Hobart, Tasmania. The team first attended the Australian Ocean Energy Market Summit, a signature event hosted by the Australian Ocean Energy Group with the objective of supporting an increase in market adoption of renewable ocean energy in Australia. Our Chief Commercial Officer, Brighid Jay, delivered a presentation during the developer showcase talking about Carnegie’s suite of products and the various market needs they address. While over at the 2022 Tasmanian Salmon Symposium our Chief Technology Officer, Alexandre Pichard, went through the MoorPower™ spin off product during...

Carnegie awarded EuropeWave PCP Contract

December 7, 2021
Carnegie, via its wholly owned subsidiary, CETO Wave Energy Ireland Limited, has been selected as 1 of 7 contractors to deliver Phase 1 of the €20m EuropeWave Pre-Commercial Procurement (PCP) Programme, a competitive programme to advance wave energy. Carnegie has been awarded €291k (A$463k) for Phase 1 to deliver a CETO tank testing campaign and a CETO concept design for sites in Scotland and the Basque Country, subject to contract signing. Phase 1 will commence on 3rd January 2022 and run for 7 months. The EuropeWave project has received fundingfrom the European Union’s Horizon 2020 Research and Innovation Programme under...

Carnegie Launches MoorPower Project

October 20, 2021
Carnegie has been awarded funding and launched MoorPower™ a Scaled Demonstrator project in conjunction with prominent research institute, the Blue Economy Cooperative Research Centre (Blue Economy CRC). MoorPower™ is a CETO derived wave energy product designed for moored vessels and offers a solution to the challenge of securing clean and reliable energy for offshore activities, reducing reliance on diesel generation. The initial target market for MoorPower™ is offshore vessels such as feeding barges for the aquaculture sector, but the future market is broader and includes the many other offshore operations that require energy. Impression of the MoorPower™ system aboard a...