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.
Video "Perth Wave Energy Project Animation" (above left) and journey of CETO 3 from manufacture to deployment (above right)
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.
Announcements
// Report to Shareholders
31.01.2012
Quarterly Report, 31st December 2011
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Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce that its Share Purchase Plan has closed oversubscribed and raised $6 million.
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- CanaccordBGF initiates research coverage on Carnegie - Updated target share price and market valuation
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Latest Media Coverage
- Australia has some of the best innovators - Foremost is Carnegie Wave Energy
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