CCE: EuropeWave Update

CARNEGIE CLEAN ENERGY LIMITED

• CETO Wave Energy Ireland, as one of the five contractors, has submitted Phase 2 deliverables for the EuropeWave PCP Programme, focusing on design, testing, and commercialisation of CETO prototype, receiving over €500k payments.
• They have also submitted a Phase 3 tender worth approximately €3.75 million to design and operate a CETO prototype at a European wave energy test site, with three out of five contractors to be selected for a EuropeWave Phase 3 contract.
• The ambitions of the EuropeWave program align well with Carnegie’s commercial and strategic objectives, progressing the next step in CETO’s Product Validation roadmap.

2023-07-11 10:54:00