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Carnegie Clean Energy Secures €1.5M for Pioneering CETO Wave Deployment in Europe

4:53am on Monday 2nd of June, 2025 AEST Renewable Energy
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Carnegie Clean Energy Secures €1.5M for Pioneering CETO Wave Deployment in Europe

4:53am on Monday 2nd of June, 2025 AEST
Key Points
  • Signed contract with Biscay Marine Energy Platform for CETO deployment
  • Received milestone payments totaling approximately €1.5 million
  • Completed successful electrical and control systems testing for CETO
  • Established new office in the Basque Country to support European operations
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