Latest News

Dive into CETO

May 28, 2024
The wait is over. You can now dive into the latest CETO design in Carnegie’s newly released animation. Take a glimpse into how Carnegie’s CETO technology is turning the immense power of the ocean into electricity. Harnessing the consistent and predictable energy from waves will reduce the world’s reliance on fossil fuels and improve energy security.   Energy for the blue planet. See the future of ocean energy generation in action:  https://vimeo.com/949093055?share=copy With thanks to the team at SPATIAL MEDIA for helping us share our vision. 

ACHIEVE passes EuropeWave Authorisation to Proceed Milestone

April 17, 2024
Carnegie Clean Energy Ltd pleased to share that its wholly owned subsidiary, CETO Wave Energy Ireland (CWEI), has successfully passed the EuropeWave Authorisation to Proceed (ATP) milestone as part of its EuropeWave ACHIEVE Contract. As part of the ATP milestone, CWEI submitted detailed documents covering financial, technical, safety, regulatory, and testing aspects. These have been reviewed by the EuropeWave Buyers Group to determine whether it was ready to proceed to the next stage of contract delivery and marks another successful step towards the deployment of CETO at BiMEP as part of the ACHIEVE Programme. The successful achievement of the ATP...

Carnegie Clean Energy secures strategic CETO deployment site in Spain

April 8, 2024
Carnegie Clean Energy today announced a major milestone on the path to commercialising its world-leading CETO wave energy technology. Carnegie’s wholly owned subsidiary, CETO Wave Energy Ireland has signed an Assignment Agreement related to the Berth Reservation Agreement between the Biscay Marine Energy Platform S.A. and Wave Energy Scotland Limited. The new Assignment Agreement assigns the rights secured by Wave Energy Scotland, on behalf of the EuropeWave Buyers Group, to CETO Wave Energy Ireland as one of the successful Phase 3 Contractors. The 2025 deployment of CETO at BiMEP marks a significant step forward for wave energy as a part...

Carnegie Clean Energy CEO to keynote at ICOE 2024 Melbourne

April 5, 2024
We're honoured to have our CEO, Jonathan Fievez, deliver a keynote address at the upcoming #ICOE2024 conference in Melbourne, Australia. Jonathan will share insights on Carnegie Clean Energy's ground-breaking work harnessing the power of the ocean to decarbonise  energy generation. Jonathan's leadership has been instrumental in securing over AUD$11 million contract to deploy our #CETO wave energy converter in The Basque Country - Spain, highlighting the growing global recognition of wave energy potential. Carnegie is grateful for this opportunity to showcase our hard work on the international stage at ICOE, for the first time in our own backyard, Australia! The...

Basque Energy Agency awards €2.1m to support CETO Deployment at BiMEP

March 12, 2024
Carnegie Clean Energys wholly owned subsidiary, Carnegie Technologies Spain, has been awarded €2.1m for the ACHIEVE+ project by the Ente Vasco de la Energia (EVE), the Basque Energy Agency. This award complements the contract awarded by the EuropeWave Project (€3.75m) and RENMARINAS DEMOS funding (€1.2m) creating a total funding pool of €7.05m ($11.66m AUD) for the deployment of CETO at the Biscay Marine Energy Platform (BiMEP) in the Basque Country. The EVE funding awarded provides targeted support for elements of the CETO deployment such as the Buoyant Actuator (BA), Mooring System, Power Take-Off (PTO), and Reinforcement Learning (RL) Controller. In...

Carnegie Clean Energy Presents at OTC Investor Webinar

February 23, 2024
Carnegie Clean Energy CEO Jonathan Fievez outlined the company's strategic path forward at the recent OTC Markets Virtual Investor Conference focused on Clean/Renewable Energy. Virtual Investor Conferences is the premier investor conference series, facilitating direct communication and presentations between publicly traded companies and investors. The participation inspired by Carnegies recent dual listing on the US Over-the-Counter Quotation Bureau (OTCQB) under the ticker [CWGYF]. Mr. Fievez provided valuable insights into Carnegie Clean Energy's recent progress, specifically focusing on the preparations for the deployment of CETO at the Biscay Marine Energy Platform (BiMEP) and successful award of financial support towards the ACHIEVE...