Author: Louise Richardson

Carnegie Clean Energy Ltd (ASX: CCE) is pleased to announce the successful award of €45,238 in funding to its wholly owned subsidiary, CETO Wave Energy Ireland (CWEI), for its integral role as an industry partner in the WECHULL+ Project. This initiative, led by the Research Institute of Sweden (RISE), is dedicated to the investigation and testing of an innovative concrete material specifically tailored for application in wave energy converters (WECs).

The project, funded by the Sustainable Energy Authority Ireland (SEAI) under the European Clean Energy Transition Partnership (CETP), brings together a consortium of European entities, including Delft University of Technology (Netherlands), Ocean Harvesting Technologies (Sweden), Gdansk University of Technology (Poland), SolarDuck (Netherlands), Plataforma Oceánica de Canarias (Spain), Pekebex (Poland), and CWEI. The collaboration seeks to minimize the environmental impact of materials, enhance WEC hull manufacturing, scale up production, and reduce costs.

RISE will lead the consortium, which will leverage the technical and research expertise of all partners, with CWEI offering both funded and in-kind support. CWEI has signed the Funding Agreement with SEAI and the Consortium Agreement with the WECHULL+ Consortium, marking the official commencement of the project.

CWEI’s funding will empower the subsidiary to provide technical advice based on the application of the novel concrete material to CETO technology. The project will be instrumental in developing alternative materials for future deployments of CETO, Carnegie’s proprietary wave energy converter.

“A CETO buoy made of concrete rather than steel has the potential to be cheaper, easier to manufacture in remote locations, require zero maintenance and last longer than the life of the project. We are excited about the opportunity to contribute to the WECHULL+ Project which will work toward these outcomes with a novel, sustainable concrete”  – Jonathan Fiévez, CEO

This strategic initiative aligns with Carnegie Clean Energy’s commitment to advancing ocean energy technologies and underscores its position as a leader in sustainable energy solutions.

To view the full ASX announcement click the following link: https://www.carnegiece.com/wp-content/uploads/2023/12/231214-ASX-CCE-WECHULL-Award.pdf

Carnegie, via its wholly owned subsidiary, CETO Wave Energy Ireland Limited, has been selected as 1 of 3 contractors to deliver Phase 3 of the EuropeWave Pre-Commercial Procurement (PCP) Programme. The Phase 3 EuropeWave contract, subject to final execution, engages CWEI to build and operate a CETO wave energy prototype at a European wave energy test site. The EuropeWave PCP Programme is a competitive programme designed to advance promising wave energy converter systems and prove technical and commercial viability for large scale deployment.

Projects were judged against main technical challenges of performance, reliability, availability and survivability. Out of all participants, CETO Wave Energy Ireland was ranked number 1, judged against these key criteria. Having been ranked first, CWEI received first choice of deployment site. The team has selected a berth best suited to the CETO project at the open-water facilities of the Biscay Marine Energy Platform (BiMEP) in the Basque Country, Spain. The project, known as ACHIEVE, will run from September 2023 to May 2026 with CETO deployed from 2025.

Partners

CETO Wave Energy Ireland will deliver Phase 3 of the EuropeWave PCP with the support of an impressive team including its consortium partner SAITEC Offshore Technologies and subcontractors Hewlett Packard Enterprise, Lloyd’s Register EMEA, Hutchinson, Quoceant, VGA, Advanced Composite Structures Australia (ACSA) and Julia F. Chozas Consulting Engineer.

Phase 3 activities are supported by the involvement of 2 new key partners:

• Lloyd’s Register EMEA, who will provide technical verification processes and support design and best practices for the scaled deployment of the CETO device.
• Advanced Composite Structures Australia (ACSA) who will continue to support Carnegie with advancements in Mooring Tensioner technologies.

Each company involved will retain ownership of the intellectual property, the results and any physical models, prototypes or other test pieces produced during the PCP.

About EuropeWave

EuropeWave PCP is an innovative and competitive stage-gate programme designed to advance promising wave energy converter systems to a point from which they can be developed for commercial exploitation through other national/regional programmes and/or private investment.

With almost €20 million in funding for the 3 phases of the programme, the EuropeWave PCP is a collaboration between Wave Energy Scotland (WES), a subsidiary of the Scottish Government’s Highlands and Islands Enterprise, and the Basque Energy Agency (EVE).

The EuropeWave project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement No 883751.