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Carnegie Clean Energy Advances Wave Tech
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Carnegie Clean Energy Advances Wave Tech

Carnegie Clean Energy Ltd (AU:CCE) has released an update.

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Carnegie Clean Energy Ltd. has raised $2.134 million through a Share Purchase Plan to fund its innovative CETO wave energy technology in Europe, with the ACHIEVE Programme making headway towards a 2025 deployment. The company also gained significant exposure at the 2024 HPE Discover event in Las Vegas and continued to collect valuable data from its MoorPower Demonstrator, validating the technology’s scalability for offshore applications. Furthermore, revenue was generated from the sale of Generation Certificates from the Garden Island Microgrid, marking a productive quarter for Carnegie.

For further insights into AU:CCE stock, check out TipRanks’ Stock Analysis page.

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