Renewable Power from the Ocean's Waves

Carnegie Wave Energy Limited (ASX:CWE) is focused on developing and commercialising its 100% owned CETO wave energy technology which is capable of producing zero-emission power and direct desalinated water.

Perth Wave Energy Project Construction Update

View the Perth Wave Energy Project Construction Update Here

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


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Announcements
  • Assembly & onshore testing ahead of post-winter commissioning
  • Desalination Plant commissioning commenced
  • New $11m ARENA grant for CETO 6 Project
  • Berth awarded at WaveHub, UK for subsequent CETO 6 Project
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  • CWE & University of Adelaide partner on $1.8m control systems project
  • 3 year project to explore control strategies for point absorbers
  • Power output improvements of up to 3 times theoretically possible
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  • CSIRO secures $1.3m ARENA funding for national wave resource assessment
  • Research to be applied to CWE's Perth Project
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  • $11m Australian Government grant for $31m CETO Project
  • First CETO 6 Project to be at Garden Island
  • Additional to CEFC $20m loan facility
  • Power from Project to be bought by DoD
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