Carnegie is the 100% owner and developer of the CETO Wave Energy Technology that converts ocean swell into zero-emission renewable power. Over $140m has been invested to fund the development of the CETO technology. Carnegie employs a combination of rapid prototyping, computational simulation, wave tank testing and, in-ocean testing in developing CETO.
Carnegie views WaveHub as a world leading facility for demonstration of WEC technology. Carnegie’s UK based subsidiary, CETO Wave Energy UK (CWE (UK) and Wave Hub Limited have signed a Memorandum of Understanding (MOU) to capture Carnegie’s work delivered to date at Wave Hub and to progress development for a CETO array at WaveHub following their Albany Project. The collaboration activities will focus specifically on site development, array planning, operational and maintenance requirements for wave energy devices and arrays.
CWE (UK) have also signed an MOU with James Fisher Marine Services, recognising their expertise in Marine Renewables and Plymouth University, who have provided specialised expertise and tank testing services. These MOU’s will provide a tangible benefit to CWE (UK) and their MOU partners with respect to Foundation Design, Subsea Connectors, Components and Tooling, Array Planning, Operation, installation and Maintenance requirements for wave energy devices and arrays, and the application and verification of testing regimes and numerical tools for Wave energy devices.