Latest News

Carnegie participates in Ocean Energy Events in Hobart, Tasmania

May 13, 2022
Carnegie was invited to present and speak at three ocean energy events held in Hobart, Tasmania. The team first attended the Australian Ocean Energy Market Summit, a signature event hosted by the Australian Ocean Energy Group with the objective of supporting an increase in market adoption of renewable ocean energy in Australia. Our Chief Commercial Officer, Brighid Jay, delivered a presentation during the developer showcase talking about Carnegie’s suite of products and the various market needs they address. While over at the 2022 Tasmanian Salmon Symposium our Chief Technology Officer, Alexandre Pichard, went through the MoorPower™ spin off product during...

Carnegie awarded EuropeWave PCP Contract

December 7, 2021
Carnegie, via its wholly owned subsidiary, CETO Wave Energy Ireland Limited, has been selected as 1 of 7 contractors to deliver Phase 1 of the €20m EuropeWave Pre-Commercial Procurement (PCP) Programme, a competitive programme to advance wave energy. Carnegie has been awarded €291k (A$463k) for Phase 1 to deliver a CETO tank testing campaign and a CETO concept design for sites in Scotland and the Basque Country, subject to contract signing. Phase 1 will commence on 3rd January 2022 and run for 7 months. The EuropeWave project has received fundingfrom the European Union’s Horizon 2020 Research and Innovation Programme under...

Carnegie Launches MoorPower Project

October 20, 2021
Carnegie has been awarded funding and launched MoorPower™ a Scaled Demonstrator project in conjunction with prominent research institute, the Blue Economy Cooperative Research Centre (Blue Economy CRC). MoorPower™ is a CETO derived wave energy product designed for moored vessels and offers a solution to the challenge of securing clean and reliable energy for offshore activities, reducing reliance on diesel generation. The initial target market for MoorPower™ is offshore vessels such as feeding barges for the aquaculture sector, but the future market is broader and includes the many other offshore operations that require energy. Impression of the MoorPower™ system aboard a...

Quarterly Update – Q4 FY21

July 30, 2021
HIGHLIGHTS // CETO Digital Development Programme achieving good progress towards cost reduction and performance targets to support CETO commercial pathway // Launched new spin-off product vision for a wave powered system for the aquaculture sector and other industries // Advanced Controllers achieving significant improvements with preparations underway for wave tank testing at the end of the year to validate Advanced Controller performance // Mooring Tensioner composite material testing commenced // Power Take-Off (PTO) hardware optimised to leverage new Advanced Controller capabilities // Carnegie featured as part of Hewlett Packard Enterprise premier business event - HPE Discover 2021 // $1,000,000 sale...

Carnegie in the spotlight at HPE Discover 2021

June 23, 2021
Carnegie had its place on one of the biggest stages in the tech calendar, alongside Hewlett Packard Enterprise CEO, Antonio Neri, delivering the opening keynote at the Discover 2021 conference. "Hewlett Packard Labs is working with Carnegie Clean Energy to use AI to harness the power of the ocean waves forrenewable energy production" - Antonio Neri Tens of thousands will have watched live as it launched in the US at 8am (Pacific Time) and hundreds of thousands will view it on-demand. Thursday, June 24th 8 am – 9 am PT: Discover Day 3 KeynoteThe Radical Rethink: Unconventional Ways to Unlock the Power...