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Carnegie Clean Energy Ltd ( (AU:CCE) ) has issued an announcement.
Carnegie Clean Energy Ltd is advancing its CETO and MoorPower technologies, focusing on commercializing wave energy solutions to support global decarbonization efforts. The company has launched a Share Purchase Plan to raise capital, which will fund the development of a 6MW CETO Project at BiMEP, support the ACHIEVE Programme, and accelerate business development activities in Europe and the US. This initiative reflects Carnegie’s growing recognition in the renewable energy sector and its commitment to expanding its market presence.
More about Carnegie Clean Energy Ltd
Carnegie Clean Energy Ltd operates in the renewable energy industry, focusing on ocean energy technologies. Their primary products include the CETO and MoorPower technologies, which are aimed at harnessing wave energy for power generation. The company is actively involved in commercializing these technologies and expanding its project pipeline, with a market focus on Europe and the United States.
Average Trading Volume: 241,595
Technical Sentiment Signal: Hold
Current Market Cap: A$20.87M
For detailed information about CCE stock, go to TipRanks’ Stock Analysis page.