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Carnegie Clean Energy Secures €351k Milestone Boost for Wave Tech in Spain

8:32am on Wednesday 12th of November, 2025 AEDT Renewable Energy
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Carnegie Clean Energy Secures €351k Milestone Boost for Wave Tech in Spain

8:32am on Wednesday 12th of November, 2025 AEDT
Key Points
  • Received €351,471 milestone payment under EuropeWave Phase 3 contract
  • Payment linked to completed System Integration Review and fabrication updates
  • Deployment of CETO technology at Biscay Marine Energy Platform in Basque Country
  • 46% of total EuropeWave contract value drawn down to date
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