The latest announcement is out from Carnegie Clean Energy Ltd ( (AU:CCE) ).
Carnegie Clean Energy Limited announced that its subsidiary, Carnegie Technologies Spain, has received an advanced payment of €1,171,800 from the Spanish Government to support the construction of the first CETO unit in Europe. This funding, part of the RENMARINAS DEMOS Program, will aid in showcasing Carnegie’s wave energy technology and advancing its commercialization. The project aligns with Spain’s strategic roadmap for marine energy, aiming for significant deployment by 2030, and is supported by Export Finance Australia.
More about Carnegie Clean Energy Ltd
Carnegie Clean Energy (ASX: CCE) is a technology developer focused on delivering ocean energy technologies to enhance sustainability. The company owns and develops the CETO® and MoorPower® technologies, which convert ocean wave energy into electricity using advanced artificial intelligence and electric machines. Carnegie has a history of pioneering developments in ocean energy.
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