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.
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
// Perth Wave Energy Project Update
11.03.2010
Perth Wave Energy Project on track - Component manufacture and testing advanced - Fremantle Offshore & Onshore testing progressing well
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// 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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