Renewable Power from the Ocean's Waves

Carnegie Wave Energy Limited (ASX:CWE) is focused on developing and commercialising its CETO wave energy technology which is capable of producing zero-emission power and desalinated water.

Watch this video footage of the CETO units

CETO differs from other wave technologies under development globally by being fully submerged and generating power onshore rather than offshore. CETO has been proven at pilot scale and is now in its commercial demonstration phase.

To the left is video footage of the CETO units offshore at Carnegie's Fremantle Wave Energy pilot plant facility.

Announcements

// Launch of Perth Wave Energy Project 18.01.2010

Perth Wave Energy Project Launched by State Government - Full Scale Offshore Deployment Activities Commenced - Jack Up Rig Onsite Deploying Mooring
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// First Government Grant Payment 06.01.2010

Carnegie Wave Energy Limited is pleased to advise that it has received its first milestone payment under its $12.5 million grant from the State of Western Australian Government.
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// Formal EDF EN agreement executed 24.12.2009

- Carnegie and EDF EN Sign Formal License & JV Agreement - CETO Wave Technology Acquisition Completed - Allows the start of joint international project development activities.
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