Carnegie Clean Energy Ltd ( (AU:CCE) ) just unveiled an announcement.
Carnegie Clean Energy Limited announced that its subsidiary, Carnegie Technologies Spain, has received a milestone payment of €317,945 from the Basque Energy Agency for its ACHIEVE+ Project. This project is part of Carnegie’s broader ACHIEVE Programme, which involves deploying the CETO technology at the Biscay Marine Energy Platform in Spain. The payment was facilitated by Export Finance Australia and marks the commencement of work under the ACHIEVE+ contract. This initiative is a significant step in the commercialisation of CETO technology, aiming to validate its performance over a two-year deployment.
More about Carnegie Clean Energy Ltd
Carnegie Clean Energy (ASX: CCE) is a technology developer focused on delivering ocean energy technologies to promote sustainability. The company owns and develops CETO® and MoorPower® technologies, which harness ocean wave energy to generate electricity. Carnegie leverages artificial intelligence and electric machines to optimize energy generation and has a strong history in ocean energy innovations.
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