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Carnegie Clean Energy Advances with EuropeWave Milestone
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Carnegie Clean Energy Advances with EuropeWave Milestone

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

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Carnegie Clean Energy Ltd has announced that its subsidiary, CETO Wave Energy Ireland, has received a significant milestone payment as part of the EuropeWave Phase 3 Contract, marking progress in their ACHIEVE Programme. The payment reflects the successful completion of design reports for the CETO wave energy converter, advancing towards a 2025 deployment at the Biscay Marine Energy Platform in Spain. This development is a key step in Carnegie’s efforts to commercialize their innovative ocean energy technology.

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