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Carnegie Clean Energy Ltd ( (AU:CCE) ) has provided an announcement.
Carnegie Clean Energy has provided an update on progress within its ACHIEVE Programme, which aims to deploy and operate a scaled CETO unit at the BiMEP test site in the Basque Country by summer 2026. The company has completed key fabrication milestones, including the Factory Acceptance Testing of components, and advanced onshore testing campaigns to mitigate technical risk and ensure efficient system deployment. These efforts signify a strategic step forward for Carnegie in advancing wave energy technology and reinforcing its position in the renewable energy market.
The most recent analyst rating on (AU:CCE) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Carnegie Clean Energy Ltd stock, see the AU:CCE Stock Forecast page.
More about Carnegie Clean Energy Ltd
Carnegie Clean Energy Ltd operates in the renewable energy sector, focusing on wave energy solutions. Its primary product is the CETO system, which converts ocean wave motion into clean energy, targeting sustainable power generation globally, especially with European and national support.
Average Trading Volume: 439,016
Technical Sentiment Signal: Sell
Current Market Cap: A$26.91M
Find detailed analytics on CCE stock on TipRanks’ Stock Analysis page.